Minister of State for Finance Planning and Economic Devt   Henry Musasizi has revealed that government has no plans of intervening in the skyrocketing prices of commodities in the country.

 Musasizi said this while officiating at the 2022  Uganda Revenue Authority Annual Budget Conference at Lake View Resort Hotel in Mbarara city.

Musasizi explained that it’s disastrous for government to subsidize the prices of commodities for its people.

However as a remedy, Musasizi advised the people to look inward and avoid items such as wheat and cooking oil which are now very expensive

Addressing the business community, Patience Tumusiime Rubagumya the commissioner for legal services and board affairs at Uganda Revenue Authority URA said the authority is projecting to collect a total sum of ugx .25.5 trillion in form of taxes in the next financial year 2022/23.

She adds that Uganda Revenue Authority will conduct tax education engagements with business operators around the country.



Be the first to know when we have the latest news for you from our website.

Read the latest news we have for you from around the region and the world.

We don’t spam! Read our privacy policy for more info.

Written by:

Leave a Comment

Your email address will not be published. Required fields are marked *

error: Content is protected, if you need it, please seek permission from Boona FM Management!!