US EditionFinancial Industry Calls For Tax Incentives To Boost Diaspora Remittances » Business Focus
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Financial Industry Calls For Tax Incentives To Boost Diaspora Remittances » Business Focus
The financial industry, local and international, is calling for tax incentives and a general national policy on remittances to boost their inflows and enhance their potential influence on the economy. Officially, Uganda receives 1.4 Billion Dollars or about 5 Trillion Shillings annually from Ugandans working outside the country, according to the 2023 figures. However, this figure is suspected to be far below the reality, with both the government…
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