URA posts Shs499b revenue deficit in 2021/22 first quarter

A slowdon in economic activities has impacted  revenue perfromance. PHOTO/EDGAR R BATTE 

What you need to know:

  • The deficit was mostly a result of a decline in domestic taxes due to underperfomance of the economy during the first half of the 2021/22 financial year.

Uganda Revenue Authority (URA) has registered a shortfall of Shs499b due to revenue deficits resulting from underperformance of domestic taxes. 

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