The Finance Ministry News

Nkurunziza asks students to support election kitty

No deadlines have been set, but The Finance Ministry hopes the target will be achieved in time for the elections.

The East African , Kenya Jan 12, 2019

Budget deficit forecast to fall, overall spending to rise – CS Rotich

Kenya’s budget deficit is forecast to fall in the 2019-20 fiscal year, while overall spending will rise, The Finance Ministry said on Friday.

The Star , Kenya Jan 11, 2019

Kenya 2019/20 budget deficit forecast to fall, overall spending to rise - finance ministry

REUTERS/Thomas Mukoya NAIROBI (Reuters) - Kenya’s budget deficit is forecast to fall in the 2019/20 fiscal year, while overall spending will rise, The Finance Ministry said on Friday.

Reuters , Africa Jan 11, 2019

Uganda budget deficit could narrow to 6pc

By The EastAfrican Uganda’s budget deficit may narrow to six per cent of GDP in 2019-20, as the country concludes investments in two big hydropower projects, The Finance Ministry has said.

The East African , Kenya Jan 8, 2019

Sudan crisis deepens as Bashir digs in to contain protests

Unidentified Gulf Arab nations extended about $2 billion in concessional loans to Sudan in 2015, The Finance Ministry said at the time, while state media in the past two years has reported the Central Bank receiving deposits from the United Arab Emirates.

The East African , Kenya Jan 5, 2019

Govt loses Sh865 billion as financial indiscipline soars

The audit report also reveals that by December 31, 2018, ministries, departments and agencies (MDAs) and Local Governments had not paid out sh 65.6 billion in Pension and gratuity arrears despite the funds being released by The Finance Ministry.

The Independent , Uganda Jan 4, 2019