Tag Archives: budget

Kampala, Uganda | URN | The government has admitted it lacks the financial resources to repatriate Ugandans stranded abroad, despite labour migration generating an estimated US$2 billion (7.48 trillion Shillings) in annual remittances and ranking among the country’s biggest sources of foreign exchange. The disclosure by the Ministry of Foreign …

Kampala, Uganda | URN | The Ministry of Finance, Planning and Economic Development has released 23.03 trillion shillings for the budget obligations for the first quarter of this financial year, with a vow to ensure fiscal discipline. This is 27 percent of the approved total budget for the financial year …

  Uganda’s Shs84.4tn budget, the largest in the country’s history, allocates substantial funding to security, transport infrastructure, healthcare, education and agro-industrialisation   Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic prospects will depend less on policy announcements and more on execution, economists and business leaders have warned, as the country …

  The government unveiled a record Shs84.4 trillion spending plan; Ordinary people to shoulder costs through pricier fuel, sugar and secondhand apparel   COVER STORY | JULIUS BUSINGE | Uganda’s national budget for financial year 2026/27 marks a clear shift in economic emphasis, moving from a broad-based wealth creation agenda …

  Kampala, Uganda | NEWS CORRESPONDENT |  As the government intensifies implementation of its ATMS agenda – Agriculture, Tourism, Minerals and Science & Technology – with a strong emphasis on commercialising agriculture, Pearl Bank is increasingly emerging as one of the financial institutions helping translate that vision into reality. Agriculture …

KIGALI | Xinhua | Rwanda’s Minister of Finance and Economic Planning Yusuf Murangwa has unveiled the national budget for the fiscal year 2026/27 beginning on July 1, with estimated resources projected at nearly 7.8 trillion Rwandan francs (about 5.3 billion U.S. dollars), prioritizing agriculture, jobs, and economic stability. Presenting the …

COMMENT | Morrison Rwakakamba |  Uganda stands at a rare inflection point in its development trajectory. With commercial oil production scheduled to commence later this year and a fresh electoral mandate secured, the national budget for the 2026/27 financial year offers more than another round of incremental spending. It attempts …

Kampala, Uganda | URN | Parliament has approved over 1.1 trillion Shillings under Supplementary Expenditure for the Financial Year 2025/2026. The supplementary request was presented by the Minister of State for Finance (General Duties), Henry Musasizi, and includes a mix of budget reallocations, additional revenues, and external financing. Of the total amount, 40.21 …

Kampala, Uganda | URN | Parliament has approved a record 84.391 trillion Shillings national budget for the 2026/27 financial year, setting the tone for Uganda’s fiscal direction in the coming years. The budget, passed during a plenary session chaired by Speaker Anita Among on April 24, 2026, is the first …

  Finance ministry figures released on April 9 show fourth-quarter disbursements of Shs17.444tn, lifting total releases to Shs77.001tn—106.4% of the approved budget and 95.1% of the revised plan   Kampala, Uganda | JULIUS BUSINGE | The government has released more funds than initially approved for the current financial year ending …