Government Sets Shs40 Trillion Tax Target for URA in FY 2026/27
The government has raised the bar for the Uganda Revenue Authority (URA), tasking it to collect over Shs40 trillion in taxes to bankroll the Shs69.399 trillion national budget for the 2026/27 financial year—leaving the country to plug the remaining gap through borrowing. Finance State Minister Henry Musasizi said domestic revenue
Gov’t to Borrow Shs 422.7b for South Sudan Power Project
The government is seeking to borrow Shs 422.7 billion (approximately $121.9 million) from the African Development Fund (ADF), the concessional arm of the African Development Bank (AfDB), to finance the South Sudan Power Interconnection Project, Daily Star has learned. According to the Order Paper for today’s parliamentary sitting, Henry Musasizi,
Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action
Uganda assumed the co-chairmanship role of the Coalition of Finance Ministers for Climate Action at the 2025 Spring meetings of the World Bank Group and International Monetary Fund in Washington D.C., United States of America. Uganda will co-chair with the Netherlands. The Minister of State for Finance in charge of
