The Uganda 2025/26 budget has increased by 25%, reaching 71.9 trillion shillings ($19.6 billion). This revised estimate, up from 57.4 trillion shillings in September, signals the government’s intent to boost development funding. The Ministry of Finance announced the new figure via its official X account but didn’t explain the reason for the increase. Previously, officials identified agro-industrialisation, tourism, and mineral development—especially petroleum—as priority areas for the new fiscal year.
Parliament has begun evaluating the proposed budget. Legislators are now analyzing allocations, revenue targets, and policy directions before the budget address in June. Although the updated amount is higher than projected, it still falls slightly below the 72.1 trillion shillings earmarked for the current fiscal year ending June 2025. This indicates a shift toward rebalancing fiscal priorities without expanding overall expenditure.
Government leaders want to transform agriculture from subsistence to commercial production. By funding agro-processing, rural infrastructure, and farmer training, they hope to increase food security and boost exports. Since agriculture employs the majority of Ugandans, such investments could significantly reduce poverty and improve household incomes.
Tourism will also receive more attention. The government intends to revitalize the sector, which is recovering from COVID-19 disruptions. By promoting Uganda’s national parks, wildlife, and cultural attractions, officials believe they can attract more visitors. Additional investments in roads, airstrips, and marketing campaigns could further boost revenues and create jobs.
Petroleum and minerals represent another strategic focus. With progress on the East African Crude Oil Pipeline and ongoing exploration in the Albertine region, Uganda is preparing to become a key oil producer. The government plans to channel funds into regulatory systems, environmental oversight, and transport infrastructure to support this shift. These efforts are expected to enhance investor confidence and generate long-term returns.
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The updated Uganda 2025/26 budget reflects the country’s ambitions under Vision 2040. Officials aim to support industrialization, digital transformation, and inclusive development. They also intend to improve service delivery, particularly in healthcare, education, and energy. With better infrastructure and digital systems, Uganda could position itself as a regional economic leader.
To fund the larger budget, the Uganda Revenue Authority (URA) is intensifying efforts to collect more domestic revenue. URA is using digital tools, expanding taxpayer education, and tightening enforcement. These measures should reduce dependency on external debt and create a more sustainable fiscal base.
Parliament’s review process is key to ensuring that proposed allocations are realistic and aligned with national goals. Lawmakers will assess sectoral needs, efficiency, and projected outcomes. After final approval, the Minister of Finance will deliver the full budget speech and implementation plan.
Many Ugandans expect the increased budget to address pressing social and economic needs. Citizens want to see improved roads, access to electricity, affordable education, and better health services. Civic groups are also urging the government to strengthen accountability and prevent misuse of public funds.
This expanded Uganda 2025/26 budget presents an opportunity to accelerate growth and reduce inequality. If properly implemented, it could unlock new jobs, enhance regional trade, and build a more resilient economy. However, the success of these ambitions will depend on execution, transparency, and continued citizen engagement.
