Name: Finance ministry sets Shs15 trillion apart to end debt
Uploaded: 2022-01-19T06:21:37Z
Description: The Ministry of Finance is proposing that 34% of the next financial year budget be spent on servicing the country’s public debt. This implies that Shs15 trillion of the proposed Shs43 trillion will be spent on debt servicing. So, what is the implication of this?

The Ministry of Finance is proposing that 34% of the next financial year budget be spent on servicing the country’s public debt. This implies that Shs15 trillion of the proposed Shs43 trillion will be spent on debt servicing. So, what is the implication of this?

In the headlines

I don’t regret receiving service award – Mpuuga

How is it moral to reward the Vice President, Prime Minister, Speaker, Deputy Speaker; all constitutional offices, and it is immoral for the LoP?

National 2 hours ago
Two arrested after botched robbery attempt at Equity Bank in Soroti

The two suspects in police custody are a security guard and his supervisor attached to a private security firm

National 1 hour ago
Auditor General to audit pension

Specifically, the Office of the Auditor General says their auditors would establish whether bonafide pensioners are on the payroll and are being paid the right rates

National 2 hours ago

PRIME I don’t regret receiving service award – Mpuuga

Two arrested after botched robbery attempt at Equity Bank in Soroti

Auditor General to audit pension

I don’t regret receiving service award – Mpuuga