Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …
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Arua, Uganda | THE INDEPENDENT | Ugandans in West Nile have expressed concern over what they described as the ‘little impact’ of the budget on the region. The government has earmarked over sh74 trillion for the financial year 2025-2026, up from sh52 trillion , with priorities in security, infrastructure, science …
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Kampala, Uganda | THE INDEPENDENT | The government has reduced its allocation to the education and sports sector in the upcoming financial year 2025/26, raising concerns among stakeholders over the country’s commitment to human capital development. According to budget estimates presented by Finance Minister Matia Kasaija, the government plans to …
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Kampala, Uganda | THE INDEPENDENT | The government has allocated Shs 9.9 trillion to bolster security, justice, and governance in the country in the 2025/2026 financial year. “Madam Speaker, security, good governance, and the rule of law are the foundation for socio-economic transformation,” Finance Minister Matia Kasaija said, outlining key …
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How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
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How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
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Kampala, Uganda | THE INDEPENDENT | As Uganda’s Minister of Finance, Matia Kasaija, readies to present the national budget on June 12, civil society organizations have issued strong recommendations urging the government to improve fiscal discipline, enhance budget execution, and ensure meaningful service delivery. The Civil Society Budget Advocacy Group …
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Navigating growth ambitions amid debt rising for the FY 2025/26 COVER STORY | JULIUS BUSINGE | Uganda’s Parliament has approved a national budget of Shs72.4 trillion (approximately US$20 billion) for the fiscal year 2025/2026 (July-June), marking a slight increase from the previous year’s Shs72.1 trillion. Finance Minister, Matia Kasaija is set …
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Kampala, Uganda | THE INDEPENDENT | Government has presented a Shs40.7 trillion budget for the 2025/26 financial year, outlining significant investments across key sectors to drive economic growth and development. This is contained in the Appropriation Bill, 2025 tabled for its first reading by the Minister of State for Finance …
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Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament the Supplementary Appropriation Bill, 2025, aimed at allocating up to Shs4.8 trillion to critical priorities including defence, security and infrastructure. The Minister of State for Finance, Planning, and Economic Development (General Duties), Henry Musasizi, tabled the Bill on behalf …
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The Independent Uganda: You get the Truth we Pay the Price
