Finance

In a strategic effort to enhance community finance, the government launched the St. Teresa Demonstration Farm in Mugarama Sub-County, Kibaale District on 13 July, 2024. This initiative aims to empower the Hoima Catholic Diocese community by distributing high-quality piglets...

Several reports show that Uganda has the second youngest population in the world with more than three quarters (78 per cent) of its citizens below the age of 35. This youthful population is projected to double in the next...

The overall resource envelope for Fiscal Year 2024/25 is Shillings 72,136,504253,466 (=) trillion. FY2024/25 Overview Domestic revenues are Shs 31.982 trillion, including Shs 29.366 trillion in tax revenue and Shs 2.616 trillion in non-tax revenue. Budget support: Shs 1.394 trillion. Domestic borrowing is...

The Ugandan government, through the Ministry of Finance, Planning, and Economic Development, is set to present its budget for FY 2024–25, marking the final implementation year of the 3rd National Development Plan. The budget for FY2024–25 retains the theme of...

On Saturday 8th June 2024, i was listening to “Capital Gang”, Uganda’s most popular political radio talk-show and the host, Mr, Oscar Semweya Musoke posed a question to panellists; ‘Do we need to be reminded to love Uganda?’. As part...

Since 2018, the Ministry of Finance, Planning, and Economic Development has been collaborating with civil society organisations under the Budget Transparency Initiatives Framework to promote budget transparency, accountability, efficiency, and citizen participation in service delivery. Today, the ministry launched the...

In a coordinated effort to empower Emyooga SACCOs towards value-addition, the Microfinance Support Centre (MSC) spearheaded national sensitisation meetings in collaboration with key government agencies including the Uganda Revenue Authority (URA), Uganda Registration Services Bureau (URSB), and Uganda National...

Every year on April 26th, the world comes together to celebrate World Intellectual Property Day, a day dedicated to raising awareness about the importance of intellectual property (IP) rights and celebrating the creativity and innovation that drive human progress. This...

With the introduction of an E-Government and the corresponding E-Governance tools and amidst the backdrop of ongoing debates surrounding tax fairness in Uganda, one innovation is emerging as a focal point of discussion: the Efficient Fiscal Receipting and Invoicing...

The Ministry of Finance, Planning, and Economic Development derives its mandate and functions from the 1995 Constitution of the Republic of Uganda and other related subordinate laws, including; the Budget Act (2001), the Public Finance and Accountability Act (2003)...