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New taxes as financial year starts

New taxes as financial year starts
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Lugoloobi's Shs44.7 trillion budget fails NDP III test

Kasaija convened a crisis meeting and asked the technocrats to review the budget allocations with a view of increasing the resource envelope but only managed to raise additional Shs3.5 trillion ....

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Lugoloobi's budget - FULL SPEECH

Lugoloobi s budget - FULL SPEECH
Thursday June 10 2021
State minister for planning, Amos Lugoloobi pictured at Kololo ahead of budget reading on June 10, 2021. PHOTO/ PARLIAMENT
Summary
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Speaker Jacob Oulanyah informs the House that Hon Amos Lugoloobi will present the budget on behalf of the President.
Hon Amos Lugoloobi has just been appointed as State Minister for Finance awaiting vetting by the Appointments Committee.
Uganda’s per capita income is increasing steadily. In Financial Year 2015/16 it was US$ 808 and is projected to increase to US$ 932 in Financial Year 2020/21.
Coffee remains the leading agricultural export earning US$ 497.4 million in the Financial Year 2019/20. Dairy exports fetched US$ 204.5 million, while Tea exports earned US$ 71 million in Financial Year 2019/20. ....

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