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Aug 5 results
17:00
17:00

UGX 536 Billion for Gov’t Projects Not Utilized- Auditor General service delivery 1 2

During the financial year under review, Parliament approved a national budget totaling 45.4 trillion and this was later revised to 51.6 trillion Shillings through supplementary budget allocations. Now, according to the audit report, 36 projects failed to absord funds availed to them for implementation of activities and as a result, a total of 431 billion Shillings and US Dollars 30.2 million (105.5 billion Shillings) remains on project accounts.
06:06
06:06

Parliament Approves Loans Worth UGX 18.6 Trillion in 2020 Auditor General 1

According to the report, 17 loan request proposals authorizing government to borrow were approved. These were tabled by government through the Ministry of Finance, Planning and Economic Development and considered by the House National Economy Committee.
07:26
07:26

Parliament Approves Loans Worth UGX 6.15 Trillion in 2019 Auditor General 1 4 Top story

Lawrence Bategeka, the National Economy Committee Vice Chairperson told URN that all approved loans requests were important and majorly meant to finance the National Budget especially due to inadequate revenue collection.
18:36
18:36

Police SACCO Audit Fails to Trace Financial Records of Six Years Auditor General 1 3

Dickens Turyahabwe, of Dickson Associate certified Accountants, who carried out the Audit said that the missing of the financial records had caused a difference in the accounts worth Shs, 867m that was treated as an expense causing a 79% decline in profit after Tax.
18:16
18:16

Gov’t Urged to Ban Cash Collection of Non-Tax Revenue non tax revenue 5 1

According to the law, Accounting Officers are required to transfer all collected revenue to the Consolidated Fund and only spend at source after securing permission from the Secretary to the Treasury.
Aug 5 results