Agbatara show Saturday June 14,2014 The minister of finance Maria Kiwanuka on Thursday presented a 14 trillion shillings budget for the 2014/2014 financial year. In order to be able to finance over 80 percent of the budget in the coming financial year, the finance boss announced a cocktail of taxes which the president says will help in the modernization of the country. Taxes A new charge of 50 shillings is to be placed on every litre of petrol and diesel. Charges on Sugar to increase from 25 shillings to 50 shillings 10 percent on bank charges and money transfer 10 percent on mobile money withdrawals to raise 16 billion shillings Beneficiaries 215 billion shillings for proposed salary increment for teachers 80 billion for recruitment of new police officers To what extent will this budget lead to socio-economic development of the Country? Take part in the Agbatara show this Saturday from 10.00am to 12.00 noon as political scientists and economists share their thoughts about the 15 trillion shillings budget Arua One-SEMA YOTE ENDS
Posted on: Fri, 13 Jun 2014 16:55:51 +0000
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