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I AM TIRED OF BEING CALLED THE MINISTER OF BORROWING

The minister of Finance Planning and Economic Development, Matia Kasaija, has expressed concern over the increase in external borrowing, which he said is taking a toll on service delivery.


The minister made the remarks while officiating at Uganda Revenue Authority (URA), tax payers’ appreciation awards gala where the 40 most compliant taxpayers were recognised.

Kasaija urged URA to widen the tax base and increase the tax to GDP ratio, adding that the tax body’s urgent task at hand is increasing the GDP ratio from the current 13% to at least 20%.

“I am not proud to be a borrower and these days in Parliament they call me Minister of borrowing because every two weeks I am forced to go to cabinet to seek permission to borrow,” he said.




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