Gov’t to raise shs.6.7 Trilion from external funding

Gov’t to raise shs.6.7 Trilion from external funding

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The Minister of Finance Matia Kasija will this afternoon deliver another historic budget for Uganda worth a whooping Shs.26.3 trillion.

According to a section of economists however the budget will create a huge burden for the tax payers who will have to raise 70% of the budget.

Government is also expected to raise an estimated Shs 6.7 trillion shillings from external financing which according to the World Bank Country Manager Christina Calvo will support infrastructural development.

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