Uganda, Jan. 12 -- The Ministry of Finance yesterday relieved the service providers to the government from financial constraints to conduct their businesses by releasing domestic arrears of Shs31.80 billion. This represents 4.80 percent of the total budget for quarter three of the Financial Year 2022/23.

Over the years, the accumulation of expenditure arrears has been a persistent problem in Uganda, which affects the stability of private sector who provides various services to government.

Starting in June 2021, the government came up with the strategy to clear and prevent domestic arrears to address the perpetual problem of arrears for the government of Uganda.

Speaking yesterday during the release of funds for quarter three of the Bud...