Africa-Press – Uganda. The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has announced that the official Budget Speech for FY 2026/27 will be presented on Thursday, June 11, 2026, where comprehensive details on allocations and implementation priorities will be outlined.
Minister Musasizi made the remarks as he presented government’s Draft Annual Budget Estimates of Revenue and Expenditure for the Financial Year 2026/27, before Parliament under the theme: “Full Monetization of the Ugandan Economy through Commercial Agriculture, Industrialization, Expanding and Broadening Services, Digital Transformation and Market Access.”
Speaking during the presentation on Wednesday, Minister Musasizi revealed that the proposed national budget stands at Shs. 84.29 trillion (Shs. 84,294,163,572,966), reflecting the government’s commitment to sustaining economic growth and structural transformation.
Minister Musasizi emphasized that the FY 2026/27 budget is aligned with Uganda’s Fourth National Development Plan (NDPIV) and the government’s Tenfold Growth Strategy.
“This will be the first budget to implement the next NRM Manifesto for the period 2026/27 – 2030/31. The budget has accordingly prioritised investments in Agro-Industrialization, Tourism Development, Mineral-Based Industrial Development, and Science Technology and Innovation including ICT and Creative Arts Industry (ATMS) and Enablers,” he said.
The draft budget outlines significant investments in infrastructure and strategic projects aimed at unlocking economic potential. Musasizi highlighted increased funding for key NDPIV flagship projects, including the development of the Standard Gauge Railway, rehabilitation of the Meter Gauge Railway, construction of the Kampala–Jinja Expressway, expansion and maintenance of critical national road networks, and electrification of industrial parks.
Minister Musasizi added that resources have also been allocated to support readiness activities for the 2027 Africa Cup of Nations (AFCON27), positioning Uganda to effectively participate in hosting the continental tournament.
In the social sector, the budget provides for salary enhancements targeting primary school teachers, arts teachers in secondary schools, and instructors in Business, Technical, and Vocational Education and Training (BTVET) institutions. These interventions are intended to improve service delivery and strengthen human capital development.
To finance the proposed expenditures, the government has introduced tax policy measures amounting to Shs. 1.741 trillion, aimed at strengthening domestic revenue mobilisation and supporting fiscal sustainability.
