The Performance of the Economy Report for the month of April 2023 released by the Ministry of Finance has revealed that more people are asking for personal and household loans from banks. According to financial experts, this increased appetite for credit among the citizens ably represents the stressful economic hard […]
Members of Parliament on the budget committee have quizzed officials from the Central Bank for allegedly attempting to seize powers of Parliament when they extended a loan of Shs3 trillion to government without seeking parliament’s approval. Appearing before the committee, Bank of Uganda Deputy Governor, Michael Atingi-Ego, said the Shs3 […]
The Ministry of Finance, Planning, and Economic Development has assured Parliament that it will provide the necessary funding to conduct the population census in August as they cannot afford to postpone the exercise. This was revealed by the state minister for finance, Henry Musasizi while responding to the report of […]
By Monitor Reporter The Minister of State for Finance (Planning) Amos Lugoloobi is said to be in detention following his reported arrest on Friday over relief iron sheets meant for the people of Karamoja. Mr. Lugoloobi is said to have been arrested on Friday evening and detained at Kira Division Police […]
Finance minister Matia Kasaija has asked local government leaders to sparingly use available funds saying the government has no money. Speaking to KFM recently, Kasaija said the government currently has limited cash at its disposal, and yet the demands for it are many. Kasaija has been responding to concerns affecting […]
