Uganda, June 11 -- The 2021/22 budget is the second one executed under the Covid-19 pandemic and it is challenged by resource availability with Uganda Revenue Authority falling below target for the outgoing financial year 2020/21 by about Shs2 trillion. This is coupled with the government's determination to keep growth looking modest and maintain the infrastructure development trajectory.
This begs the question, shouldn't the budget as the key instrument ofgovernment economic policy be an enabler for the resilient businesses? Is this budget sufficiently doing that? Looking at the tax policy at this material time, maybe not as well.
Take for example the 12 per cent excise duty on data. For many, it is viewed in light of Megabytes or MBs on...