Tag: USD 7.5 billion

Parliamentary Committee on Defense and Internal Affairs Praises CID for Proper Accountability

National News
The Parliamentary Committee on Defense and Internal Affairs is conducting its oversight work on different security agencies, including the Uganda Police, UPDF, and Uganda Prisons Service, among others, in the move to crack down on corruption following President Museveni's war against corruption in Uganda.

UPC Welcomes Removal of Dangerous Vehicles but Demands Comprehensive Transport Policy

National News
Oyat warned that commuters are already stranded and fares are rising because no immediate alternatives have been provided. She urged the government to temporarily deploy institutional buses to ease the shortage, especially ahead of schools reopening.
National News

Uganda’s Economy is Showing Remarkable Growth, Stability—PSST Ggoobi

The Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi, has said Uganda's economy has demonstrated significant progress, with the size of the economy tripling to Shs 202 trillion in the Fiscal Year 2023/24, up from Shs 65 trillion in FY 2010/11.
National News

Ugandan Economy has Recovered from Previous Shocks, Crises- Ramathan...

Ramathan Ggoobi, the Permanent Secretary to the Treasury (PSST), has said that the Ugandan economy has fully recovered from various shocks and crises, with a significant economic growth of 6% in the previous fiscal year and a notable increase from an average of 4.1% recorded between FY 2019/20 and FY 2022/23.

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