COVID-19 impact: Govt hit by sh1 trillion deficit

With a new lockdown in place, the deficit is likely to go up

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Businesses on Nasser Road, Kampala have closed. This has hurt revenue collection in form of taxes

NewVision Reporter

@NewVision

#COVID-19

Government operations in May experienced an overall deficit of sh1.037 trillion, against the planned deficit of sh469.07b for the month, according to the latest economic performance report by the finance

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