By; Olivia Nabaggala
Civil society budget advocacy group (CSBAG) has called for fresh engagement with government on how to finance the national budget than imposing a 0.5% tax on all mobile money withdrawals.
The executive director of CSBAG Julius Mukunda says it’s hard for the government to meet its projections announced by the state minister for finance of raising118bn shillings on the 0.5% tax levied on withdrawals yet if they would collect 115bn shillings of the tax was left at 1%.
He says there is panic in government that is why they are accusing one another over the tax and the proposed amendments that are to be presented in parliament tomorrow, conclude that cabinet is working under pressure.
Commenting on the 200 shilling levied on social media, the budget policy specialist Patrick Katabazi noted that the tax is to affect business and innovation in ICT.
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