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Daily Monitor Monday May 10 2021 Summary Ms Regina Navuga, the in-charge for Financing for Development Programme at Southern and Eastern Africa Trade, Information and Negotiations Institute (SEATINI-Uganda), in a separate interview, said Uganda is not the only country facing fiscal deficit. Advertisement Uganda is unable to exclusively finance its ambitious infrastructure projects from domestic revenues due to a narrow tax base. Officials said the tax revenues are lower than 16 per cent of the Gross Domestic Product (GDP), the average for African countries. Part of the problem, according to experts, is the government’s failure to effectively tax and collect revenues from the informal sector that roughly accounts for half of Uganda’s economy.

Franklin drakuIsmail musa laduAmos lugoolobiJulius mukundaRegina navugaManagement sciencesUganda revenue authorityNegotiations institute seatini ugandaEconomic policy research centreMakerere university college of businessParliament budget committeeCivil society budget advocacy groupFinancing for development programme at southernNational development planIsmail musaGross domestic product