Pulling out government ads is policy reversal
Preserving government adverts for only public-owned media is likely to cripple the media industry in Uganda.
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Preserving government adverts for only public-owned media is likely to cripple the media industry in Uganda.
The Secretary to Treasury, Ramathan Ggoobi has warned Accounting Officers in Ministries, Departments and Agencies (MDAs) against undertaking contracts in foreign currency, especially in United States Dollars and Euros, saying the move is intended to preserve the sanctity of Uganda Shilling. Ggoobi issued his warning through the Budget Execution Circular for FY2023/2024 that was intended
Mr Ggoobi said contracting in the local currency is meant to preserve the sanctity and value of the shilling since the budget is appropriated in the local currency which is easily convertible