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UPDF Classified expenditure has increased

UPDF Classified expenditure has increased

The UPDF Classified expenditure has increased by 656% from Shs 344bn in Financial Year (FY) 2014/2015 to Shs 2.6tn in FY 2019/2020 compared to the country’s GDP average increase of 5.4% in the same period. Thanks to last Tuesday’s COVID-19 supplementary...
THE UGANDA FINANCIAL INSTABILITY

THE UGANDA FINANCIAL INSTABILITY

In spite of the International Monetary Fund (IMF) assistance to salvage the reputation of Dictator Yoweri Museveni’s personal Bank, aka Bank of Uganda. The Bank continues to face serious financial instability that will continue to cause price instability for...
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