2020 SET FOR MORE TAXES

The Ministry of Finance of Uganda released the 2020/2021 budget framework in December 2019 and it indicated that the amount of money from external donors will reduce and the general budget will be cut from shs 40.48 Trillion to shs 39.64 Trillion, upon release, the Minister of Planning, David Bahati explained that because of reduced external support, the public will have to cope with increased taxation to finance the budget.

Ugandans in urban centers may have to deal with increased commodity prices to cope with the rise in taxation intended to fund this year's national budget.