Parliament of Uganda, sitting on April 24th 2020, passed the Appropriation Bill 2020, approving UGX45.5 trillion budget for the next Financial Year- 2020/2021. This is a 12.3% increase from last…
Uganda Parliament passes UGX45.5 trillion budget for FY 2020/2021

Although the budget was passed in record time, MPs recommended that the government reviews and revises the National Budget for the financial year 2020/2021 after the full effect of the COVID-19 on the economy is ascertained. They also urged government to halt all wasteful expenditures and to prioritise strengthening revenue mobilization, which have stagnated at below 16% of GDP for the past years.