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Debt: MPs approve Shs2.4 trillion loan

Some of the money is meant to facilitate the Covid-19 response teams ....

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Why is govt borrowing?

Daily Monitor
Monday May 10 2021
President Museveni (centre) and other officials during the commissioning of a mobile transformer for the Mbale Industrial Park on November 25,2020. PPU/PHOTO
Summary
Debt spiral implies that government is spending more revenue to service debt at the cost of service delivery in more critical areas.
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The government will continue borrowing to bankroll what a minister says are flagship projects essential to spur the growth of Uganda’s economy, presently hamstrung by Covid-19 disruptions, potentially worsening the debt situation.
State minister for Finance in-charge of Planning David Bahati last Friday listed 13 projects that he said “must be implemented to spur the growth of our economy, support the industrialisation agenda, create wealth and jobs for Ugandans.” ....

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Stiff penalties for sexual offenders as Uganda moves to create directory

Daily Monitor
Wednesday May 05 2021
According to the proposed law, sexual offenders face a Shs40m fine and their data will be shared with Nira. PHOTO/COURTESY
Summary
Green light: Members of Parliament on Monday passed the Sexual Offences Bill, 2019, which if signed into law by the President, will seek to address the various sex offences in the country.
The MPs want a sex offender’s register, which will be linked to the Nira system and information shared within 10 days on conviction of the culprit.
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Persons convicted of sexual offences will have their data registered with the National Identification and Registration Authority (Nira), according to the Sexual Offences Bill, 2019 that Parliament passed on Monday night. ....

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Parliament passes tax on fuel, internet

Daily Monitor
Friday April 30 2021
According to government, the new taxes will help boost the struggling economy. However, some legislators argued that the taxes will only increase the burden on Ugandans, many of whom are still struggling to deal with the effects of the Covid-19 induced lockdown that saw many lose their jobs.
Summary
According to government, the new taxes will help boost the struggling economy. However, some legislators argued that the taxes will only increase the burden on Ugandans, many of whom are still struggling to deal with the effects of the Covid-19 induced lockdown that saw many lose their jobs. ....

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