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    Uganda Revenue Authority records 270 billion tax deficit

    April 1, 2014 / No Comments

    According to March 2014 reports, Uganda Revenue Authority is having a deficit of about 270 billion in tax revenue for the financial year slated to end June 2014. If it continues this way it will mean that the National Budget will have to be realigned bearing in mind that most donor aid has been put on hold. Comparing to the same period last year, the revenue collection is much higher though not enough to reduce the cumulative deficit of Ugx. 270 billion. While releasing the performance review last week, Mr. Richard Kamujugo, the Commissioner Customs noted that February 2014 registered…

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    M. B. Mugisa

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