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Government to hike taxes in Budget amid aid cut

Government to hike taxes in Budget amid aid cut | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

Finance minister Maria Kiwanuka will today unveil a budget believed to have been derived from tough decisions as President Museveni’s government seeks to convince Ugandans that there are no easy solutions to a deepening cash crisis worsened by an aid freeze resulting from wanton theft of government resources at the Office of the Prime Minister.

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Government desperate to meet donors’ terms before funding budget

Government desperate to meet donors’ terms before funding budget | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The conditions emanated in the wake of the Auditor General’s findings disclosing that public officials in the office of the Prime Minister stole about Shs50billion meant for the development of northern Uganda and Karamoja sub-region.

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Private sector asks govt to raise local resource capacity

Private sector asks govt to raise local resource capacity | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The private sector has challenged the government to highlight the importance of domestic resource mobilisition as well as harnessing productivity in the 2013/14 budget in order to spur economic growth.
Mr Gideon Badagawa, the Private Sector Foundation Uganda executive director, said last week in a interview:

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News Today - Uganda Lawmakers demand cut on defense budget

News TodayPlz Subscrib for Latest NewsLawmakers are opposed to Ugandas continued build up of defense arsenal despite the fact that the East African Country h...
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Let Government work to improve efficiency

Let Government work to improve efficiency | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

After the budget speech and state of the nation address by president Museveni last year in June there was a consensus with government cycles that the efficiency of government can make a difference to a country’s economic performance.

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Shs1 billion released for health staff salary

Shs1 billion released for health staff salary | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The government has released Shs1.7 billion supplementary budget to pay health workers who had not received their salaries since April. Dr Samuel Ssenyonga Kyambadde, the ministry’s under secretary, said the money would cater for salaries until the end of the financial year

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Shilling to remain stable ahead of budget reading, say market analysts

Shilling to remain stable ahead of budget reading, say market analysts | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The Ugandan shilling that has remained somewhat stable in the past few weeks of trading is expected to maintain the trend over this week.

The latest numbers from the Bank of Uganda indicates that the local unit traded in the range of Shs 2,581-2591 against the US dollar as opposed to last Friday’s trading that was recorded at 2585/2600.

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IMF praises Uganda’s economy

IMF praises Uganda’s economy | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The International Monetary Fund (IMF) has praised Uganda’s growing economy in its latest forecast released mid last month.
The IMF, in its May 15 forecast, said Uganda’s economy is on track to top seven per cent growth this year as the country’s ambitious monetary reforms in the wake of corruption scandals...

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Govt asked to increase health budget

Govt asked to increase health budget | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The Government has been asked to increase the health budget ahead of today’s budget speech.

“We ask the minister of finance to announce an increase in the entire health budget to sufficiently cater for health centres in all the 112 districts and to support Uganda Blood Transfusion Services, which has suffered an acute shortage of blood ...

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Finance PS - Muhakanizi signsoff 2013/14 Budget process

http://ntvuganda.co.ug/ The Finance Ministry's Permanent Secretary - Keith Muhakanizi says the formulation of this years budget has been a smooth process tha...
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Budget 2013-2014: Opposition Urge Govt to Increase Salaries for Civil Servants

Budget 2013-2014: Opposition Urge Govt to Increase Salaries for Civil Servants | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

As Ugandans wait to know what the 2013/2014 financial year budget holds, legislators have today come out saying that they expect government to increase salaries of civil servants especially teachers, doctors and the judiciary.

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The morning after the budget

The morning after the budget | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

At around 3pm tomorrow, Maria Kiwanuka, the minister of Finance, will read the national budget and tell us the government’s financing and expenditure options for the next 12 months.

She will read the budget in at least three phases: the first part ...

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Civil society organisations want Agriculture Budget increased | Red Pepper

Civil society organisations want Agriculture Budget increased | Red Pepper | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

Fighting land grabbing and illegal evictions will be a priority for the Lands ministry in the next financial year. 

Lands, Housing and Urban development minister, Daudi Migereko, said his ministry will give all the necessary support to the President’s initiative of fighting land grabbing and evictions which have become rampant.

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2013/14 Budget: Expectations of different sectors

http://ntvuganda.co.ug/ In our budget analysis feature today we examine the expectations of different sectors in the 2013/2014 financial year budget statement.
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Government posts decimal performance for 2013/14

http://ntvuganda.co.ug/ The outgoing financial year, 2012/13 has been one of the toughest for the government. Market analysts contend that aid cuts created o...
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Budget funding gap could hurt taxpayers

Budget funding gap could hurt taxpayers | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The government will tighten its tax mobilisation noose in the coming financial year as it seeks to widen taxable avenues from both within and beyond Uganda.

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Chimpreports.com-Uganda News - Otunnu Expresses Worries Ahead Of Budget Reading

Chimpreports.com-Uganda News - Otunnu Expresses Worries Ahead Of Budget Reading | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The Uganda People’s Congress Party president, Olara Otunnu has called upon all Ugandans to stop wasting time debating the National Budget saying it is a "nonsensical exercise."

“I pay no attention to what so ever is going to be read out tomorrow and I wonder why Ugandans would spend time listening and turning papers of a nonsensical exercise,” said Otunnu.

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Energy sector dollar demand weakens Ugandan shilling

KAMPALA, June 11 (Reuters) - The Ugandan shilling weakened on Tuesday, undermined by higher dollar demand fromenergy importers, but its range was seen as limited pending thegovernment's budget presentation.At...

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What govt should do to up budget performance

What govt should do to up budget performance | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

After the budget speech and State of the Nation address by president Museveni last year in June there was a consensus within government circles that the efficiency of government can make a difference to a country’s economic performance.

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Chimpreports.com-Uganda News - BUDGET: Ugandans List Priorities

Chimpreports.com-Uganda News - BUDGET: Ugandans List Priorities | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

As the country holds its breath ahead of the reading of the national budget for the financial year 2013/ 2014 on Thursday, Ugandans have opened their hearts on their expectations from Finance Minister, Maria Kiwanuka.

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Mindset killing tax compliance

Mindset killing tax compliance | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The average corporate salary earner is paying much more in taxes than the multi-billionaire businessman, according to revenue experts.

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All eyes on the budget

All eyes on the budget | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The shilling was relatively stable in most sessions of the week, trading in a wide range of 2,585/2,610. Demand was subdued while supply levels improved on account of end-of-month NGO conversions.

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More taxes, no pay raise in new Budget

More taxes, no pay raise in new Budget | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

The government is expected to announce a raft of new taxes in the new Budget expected in less than two months as Finance minister Maria Kiwanuka tries to balance the books on the backs of the poor and the working class.
The ruling party has pieced together a record Shs12 trillion spending proposal for what independent-minded lawmakers and economists called a “nail-biting” financial year in store and asked Ugandans to tighten their belts before it’s too late.

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New Revenue Sources In Kiwanukas Budget

New Revenue Sources In Kiwanukas Budget | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

Finance Minister Maria Kiwanuka plans to propose new revenue sources in the 2013/2014 budget today, according to the Budget Frame Work Paper. Extra revenue measures are expected through taxes on fuel, gross income of telecom operators, international calls, and increased fee on motor vehicle registration fees among others.

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Government outlines modalities on budget support

Government outlines modalities on budget support | 7-Day News Coverage of Uganda's National Budget 13-14 | Scoop.it

Finance minister Maria Kiwanuka yesterday said the government has worked out some modalities with the donor countries on how to finance the 2013/14 Budget. Following alleged corruption in the Office of the Prime Minister, some development partners last year suspended budget support to Uganda, outlining stringent conditions for government to eliminate further cases.

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