Page 9 - James Kakooza News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Kakooza beats Kiwanda to replace deceased Kasamba at EALA
monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
NRM CEC disqualifies 21 from EALA race
kfm.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kfm.co.ug Daily Mail and Mail on Sunday newspapers.
Daily Monitor
Wednesday April 28 2021
Finance minister Matia Kasaijja (right) and State minister for Planning David Bahati (left) with other officials after appearing before Parliament’s Budget Committee on April 13, 2021. PHOTO/ALEX ESAGALA
Summary
On Monday, Daily Monitor reported that Uganda’s total public debt has hit a record Shs65.82 trillion as of December 2020, up from Shs49 trillion in 2019, due to increased government borrowing.
As committee members pushed Mr Kasaija on the debt burden, Mr Bahati interjected and reasoned that the borrowed funds were used to finance sectors such as oil and gas, and transport as well as enabling Ugandans recover from the economic shocks occasioned by Covid-9.
Daily Monitor
Thursday April 15 2021
Summary
But MPs on the Finance Committee asked Finance minister Matia Kasaija why UDB was lending the money to city businessmen instead of lending it to manufacturers in agro-business sector, private schools and hospitals that were hit badly by Covid-19.
Advertisement
Officials from the Ministry of Finance yesterday came under fire from lawmakers who are investigating alleged misallocation of Shs500b Covid-19 stimulus package.
The money in question was channelled through the Uganda Development Bank (UDB) for access in form of loans to the private sector.
But MPs on the Finance Committee asked Finance minister Matia Kasaija why UDB was lending the money to city businessmen instead of lending it to manufacturers in agro-business sector, private schools and hospitals that were hit badly by Covid-19.
Daily Monitor
Thursday March 11 2021
Government Chief Whip Ruth Nankabirwa (right) engages Bugabula South MP Henry Kibalya during the plenary session at Parliament yesterday. PHOTO | ALEX ESAGALA
Advertisement
Members of Parliament yesterday traded accusations on the floor of the House over how Speaker Rebecca Kadaga and Deputy Jacob Oulanyah’s camps are conducting campaigns ahead of the showdown in the National Resistance Movement’s (NRM) Central Executive Committee on who will head the 11th Parliament.
The battle for who becomes Speaker when the 11th Parliament convenes for it is first sitting on May 20 has attracted three people so far.
Kira Municipality MP Ibrahim Ssemujju Nganda on Tuesday declared his intentions to battle Ms Kadaga and Mr Oulanyah for the job.
vimarsana © 2020. All Rights Reserved.