Browsing: Budget

• UN requires G7 countries to commit 0.7% of their Gross National Income to development aid.
• However, the US is the largest donor of international aid according to the UN.
• Statistics from One Campaign show that the G7 and the EU Institutions’ share of aid to Africa is at a near 50-year low.

The cuts to international aid by U.S. President Donald Trump (and billionaire Elon Musk) have sparked global outrage, including in Africa. However, given that the United Nations recognizes Washington as the single largest donor of global aid, can we definitively say Trump (or Musk) is wrong?

Consider this: according to the UN, the U.S. accounted for over 40 per cent of all humanitarian aid tracked in 2024. This means nearly half of last year’s global aid came from American taxpayers—a level of generosity that’s hard to ignore.

But was this a one-time display of goodwill? The numbers …

The government of Uganda has increased import duty on agricultural products to 60 per cent and other products to 35 per cent in a bid to raise revenue.

The total import bill in Uganda is $7 billion per year.

During the presentation of Uganda’s budget for the financial year 2020/21 the finance minister Matia Kasaija said: “In order to promote import substitution and the development of local industries, we have increased import duties on goods that are produced or can be produced locally.”

Mr kasaija said that the import duty on agricultural products has been increased to 60 per cent and other products to 35 per cent.

The finance minister also said that modest tax rates adjustments that have been made include removing ambiguity in the legislation, the excise duty rate on fuel, support compliance and emoving any loopholes that may lead to revenue loss.

He said that VAT will …

The Tanzanian government is finalizing plans for the establishment of e-border management control system aimed at improving security at border points and increase revenues.

In the ongoing parliament meetings, the Minister for Home Affairs, Kangi Lugola told the lawmakers that the new system will be operational from July 2019. He also noted that the government will in the 2019/2020 start using e-passport permit and e-visa in all Tanzanian embassies outside the country.

Tabling the 2019/2020 ministerial budget estimates, the minister said the electronic immigration services has shown great success both locally and internationally, citing recent recognition of Tanzanian passport by the International Civil Aviation Organization (ICAO)

The minister said asked the Parliament to approve Tshs.921.2 billion ($400.2 million) for the 2019/2020 financial year whereby Tshs.889.3 million ($386,652) is for recurrent expenditure and Tshs.372.2 billion ($161.8 million) for other expenses and Tshs.517 billion ($224 million) is for salaries.

He said Tshs.31.9 …