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 …
Read More »
Kampala, Uganda | THE INDEPENDENT | The newly developed fourth National Development Plan (NDPIV) is ready to be implemented with effect from the beginning of the financial year 2025/2026. President Museveni launched the NDPIV on his arrival at Kololo ceremonial ground where Parliament was sitting for the budget ceremony. The …
Read More »
Kampala, Uganda | THE INDEPENDENT | Planners are being challenged to adhere to public investment policies if the budgetary allocations are to deliver expected tangible results. It is being realized that some of the projects with budgetary allocations in each financial year delay to take off and thereby defeating the …
Read More »
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 …
Read More »
Kampala, Uganda | THE INDEPENDENT | The National Budget for the financial year 2025/2026 is due to be read on June 12, 2025, according to the Ministry of Finance, Planning, and Economic Development. According to the proposals, the total resource envelope for the year is 71.9 Trillion Shillings, with just …
Read More »
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 …
Read More »
KAMPALA, UGANDA | THE INDEPENDENT | The Governing Council of the East African Development Bank (EADB) is mulling increased lending and corporate social investment programs to the private sector to create jobs, especially for youth and women. This was revealed during the ordinary meeting of the EADB Council held in …
Read More »
Kampala, Uganda | Julius Businge | In line with its mandate to promote sustainable and inclusive socio-economic development and regional integration, the East African Development Bank (EADB) has disbursed over USD 200 million to Kenya, Uganda, Tanzania, and Rwanda in the last five years through its lending operations, executives said on …
Read More »
Experts share mixed views relating to fiscal discipline, tax, growing debt COVER STORY | JULIUS BUSINGE | As Finance Minister Matia Kasaija ascended the podium at Kololo Independence Grounds on June 13 to unveil the FY2024/2025 National Budget, the air was thick with anticipation. The nation waited with bated breath, eager …
Read More »
KAMPALA, Uganda | Xinhua | Uganda’s Finance Minister Matia Kasaija on Thursday said the East African country’s economy will grow by 7 percent in the fiscal year (FY) 2024/2025, which will start on July 1. The growth will be driven through increased oil and gas activities, growth in exports, increase …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
