Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched to survival mood; sending away a section of their workers on forced…
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Uganda’s Revenue Collections to Register Shortfall of Shs82.4b due to Corona Virus
The Minister of Finance, Matia Kasaija has noted that the country’s economic growth projections in FY2019/2020 has been revised downwards from 6.0 percent to between 5.2 5.7 percent depending on the severity of the COVID-19 impact on Uganda. While addressing Parliament on Thursday, the Minister noted that the country’s revenue collections will register an additional shortfall of about Shs82.4 billion…
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