However, there were many views both from private sector and various players in the economy, all feeling the effects of the global pandemic and a deep struggle in business. Lastly, KSh23.1 billion has been scheduled to extend the Covid-19 economic stimulus package (ESP) announced in last year’s budget. The regional budgetUganda had a budget of 12.61 billion dollars (that’s about USh44.7 trillion) and Hon Amos Lugoloobi, the State Minister for Finance delivered it as anticipated. In addition, 90% of employees of private sector firms who were laid off during the lockdown were subsequently hired back after lockdown, and only 6.5% suffered permanent layoffs. In Tanzania, Minister of Finance and Planning Dr Mwigulu Nchemba perfectly delivered the 15.59 billion dollars (about TSh36.32 trillion) budget.

Source: The Star June 15, 2021 18:22 UTC