1. Home
  2. Stories
  3. Economy
  4. Fiscal Policy

Government releases UGX19.79 trillion for Q4

Peter 10th Apr, 2025 Economy Pedson Mumbere
Government releases UGX19.79 trillion for Q4

Mr. Ramathan Ggoobi, the the Permanent Secretary/Secretary to the Treasury.


Government of Uganda has strategically released UGX 19.79 trillion for the fourth and final quarter (April-June 2025) of the Financial Year 2024/25. The capital injection represents about 25.6% of the revised national budget.

Speaking at a budget release briefing, the Permanent Secretary/Secretary to the Treasury, Ramathan Ggoobi, said the expenditure package encompasses UGX8.9 trillion allocated to critical recurrent and development expenditures, covering essential areas such as public sector remuneration, operational costs, and ongoing development projects.

Furthermore, the release incorporates UGX2.677 trillion sourced from external financing, complementing the UGX 8.126 trillion earmarked for debt management and treasury operations. An additional UGX 83.85 billion has been designated from local revenue streams.

  • Ggoobi underscored the government's commitment to timely disbursements and strategic resource allocation. "A significant UGX 1.993 trillion has been specifically allocated to ensure the seamless and timely disbursement of wages and salaries across all government ministries and agencies," stated Ggoobi. "This allocation is paramount to maintaining operational efficiency and supporting our dedicated public servants."

The fiscal strategy also prioritizes institutional support, with UGX 288.75 billion allocated for pensions and gratuities. Key institutions vital to governance and democratic processes received significant allocations, including Parliament (UGX 172.64 billion), the Electoral Commission (UGX 94.22 billion), and the Judiciary (UGX 58.23 billion).

Demonstrating a firm focus on Uganda's long-term development trajectory, substantial funds have been channelled towards key strategic sectors. Agro-industrialization has received a significant boost with an allocation of UGX 524.68 billion, of which UGX 130.77 billion is dedicated to operational activities and vital research, while UGX 393.91 billion will directly support transformative development projects within the sector.

  • "Our investment in agro-industrialization is fundamental to realizing Uganda's ambition of enhanced agricultural productivity and a robust industrial base," Mr. Ggoobi emphasized.

Recognizing the pivotal role of tourism in economic diversification, the Ministry of Tourism, Wildlife, and Antiquities has been allocated UGX 41.12 billion. "This funding is strategically directed towards the development of critical tourism infrastructure, including the Source of the Nile project, which is instrumental in fostering sustainable tourism and driving economic growth," Ggoobi said.

Furthermore, the government is strategically investing in mineral-based industrial development, allocating UGX 224 billion to the Uganda National Oil Company (UNOC) and the Petroleum Authority of Uganda. This investment aims to bolster Uganda's burgeoning oil and gas sector and unlock its potential for economic advancement.

Embracing the digital era, the Ministry of ICT and National Guidance will receive UGX 169.31 billion, with a clear focus on expanding last-mile connectivity through the Uganda Digital Acceleration Project (UDAP) and fostering the growth of the science and technology economy.

National security remains a priority sector, evidenced by the UGX 1.05 trillion allocated to the Ministry of Defence and Veteran Affairs. Other key security agencies, such as the Uganda Police Force and the Uganda Prisons Service, have also received substantial financial support to enhance law enforcement capabilities and strengthen correctional services.

  • Infrastructure development, a cornerstone of Uganda's economic strategy, continues to receive significant investment, with UGX 2.11 trillion allocated to the Ministry of Works and Transport. "These funds will be instrumental in advancing major infrastructure projects, including the National Roads construction program and the strategic Standard Gauge Railway implementation," said Ggoobi.
  • The health sector has been allocated UGX 303.46 billion to support critical vaccination initiatives, the development of essential healthcare infrastructure, and the procurement of vital medical supplies. Additionally, UGX 110.65 billion will be directed to the National Medical Stores to ensure the availability of necessary drugs and medicines for the population.

To support human capital development, the Ministry of Education and Sports has received UGX 290.28 billion, which includes dedicated funds for the Uganda Secondary School Expansion Project (USEEP) and the rehabilitation of crucial health training institutions.

Complementing these strategic allocations, the government has earmarked UGX 529 billion for the Parish Development Model (PDM), a key initiative aimed at fostering wealth creation at the grassroots level. Additional funds have also been allocated to the Uganda Development Corporation and the Uganda Development Bank to further stimulate economic growth and investment.

Similar Posts You May Like 

  • DTB SCOOPS THE MOST INNOVATIVE BANCASSURANCE AGENT 2022 AWARD

    DTB SCOOPS THE MOST INNOVATIVE BANCASSURANCE AGENT 2022 AWARD..

    Diamond Trust Bank – DTB has been named the Most Innovative Bancassurance Agent in Uganda for the year 2022 at the prestigious Insurance Innovations Award -2022 held that the Kampala Serena Hotel. DTB was voted the most innovative Bancassurance Agent because of its innovation in the use of Digit..

  • MTN Uganda delivers on promise to President Yoweri Museveni, successfully mobilizes South African investors to invest in Uganda

    MTN Uganda delivers on promise to President Yoweri Museveni, successfully mo..

    Wednesday 6th September 2023. Kampala, Uganda. MTN Uganda has fulfilled President Yoweri Museveni's call to action, rallying South African investors to explore opportunities in Uganda. This remarkable achievement follows the successful conclusion of the second leg of the Uganda-South Africa summ..

  • President Yoweri Kaguta Museveni on Use ICT to Build Our Economy

    President Yoweri Kaguta Museveni on Use ICT to Build Our Economy..

    President Yoweri Kaguta Museveni has cautioned Ugandans against using Information And Communications Technology (ICT) to promote importation of goods. President Museveni said Ugandans should use ICT to promote the buying of goods and services within Uganda or promote selling to outsiders but not vic..

  • There is a ready market, Museveni assures Foreign Investors

    There is a ready market, Museveni assures Foreign Investors..

    President Yoweri Kaguta Museveni has wooed foreign investors to invest in Uganda, saying that the East African country has a lot of investment opportunities with a readily available market...

  • Uganda Listed Among Top Kyeyo Cash Recipients

    Uganda Listed Among Top Kyeyo Cash Recipients..

    A new report by the World Bank has shown that Uganda is among the top ten recipients of money from nationals working abroad, commonly referred to as 'kyeyo' cash, in Sub-Saharan Africa...

  • President Museveni Takes Over Chairmanship Of G77 + China

    President Museveni Takes Over Chairmanship Of G77 + China..

    Uganda has assumed the chairmanship of the Group of 77 plus China (G77+China)...

  • URA tasked to sensitise traders on how Electronic Fiscal Receipting and Invoicing Solution (EFRIS) works to avoid demonstrations.

    URA tasked to sensitise traders on how Electronic Fiscal Receipting and Invo..

    In January 2021, URA implemented EFRIS to tackle tax administration issues associated with business transactions and receipt issuance...

  • UBL sets up UGX20 billion cleaning facility

    UBL sets up UGX20 billion cleaning facility ..

    Uganda Breweries Limited, the maker of Tusker and Guinness, has commissioned a state-of-the-art effluent treatment plant, which officials said marks a significant milestone in the company's commitment to sustainability and reducing its carbon footprint...

  • Physical planners' body warns on quacks as new Council is elected

    Physical planners' body warns on quacks as new Council is elected..

    Members of the Society of Professional Physical Planners of Uganda have elected new leaders as the government moves in to crackdown on imposters in the physical planning field...

  • URA now to deploy drones in smuggling fight

    URA now to deploy drones in smuggling fight..

    The Uganda Revenue Authority (URA) has said they are to invest in surveillance drones at porous border points in an effort to curb the vice of smuggling. ..

  • Economic uncertainty as Uganda’s credit rating is downgraded

    Economic uncertainty as Uganda’s credit rating is downgraded..

    Global credit rating agency Moody’s Ratings has downgraded Uganda’s long-term foreign-currency and local-currency issuer ratings to B3 from B2, a development that implies that going forward Uganda’s bonds would be less attractive to international investors and the government would have to borr..

  • Address drivers of rising national debt - experts

    Address drivers of rising national debt - experts..

    Uganda’s debt risks are becoming more pronounced both in the short to medium term, largely attributed to poor debt utilization as one of the key causes of the nation's mounting public debt stock...

  • Tomatoes, vegetables push inflation to 3.6%

    Tomatoes, vegetables push inflation to 3.6%..

    The escalating prices of tomatoes and fresh vegetables have been the primary drivers behind the rise in headline inflation rate in May. ..

  • BoU maintains CBR at 10.25% as inflationary pressures persist

    BoU maintains CBR at 10.25% as inflationary pressures persist..

    Bank of Uganda has kept its key rate unchanged at 10.25% in June unlike in the previous month when it was raised from 10%, which was prompted by rising inflation and significant depreciation of the Ugandan shilling against major currencies...

  • Uganda acquires $500m loan from S.Korea

    Uganda acquires $500m loan from S.Korea..

    Uganda has signed an agreement with South Korea for a $500 million loan to help finance infrastructure building in the east African country, Uganda's finance ministry has said...

  • Survey shows private sector improvement in May

    Survey shows private sector improvement in May..

    The month of May saw a further improvement in the private sector’s performance, according the Stanbic Bank Purchasing Managers’ Index (PMI). ..

  • Stop budgeting for corruption, CSOs tell MPs

    Stop budgeting for corruption, CSOs tell MPs..

    In a stirring call to action, Civil Society Organizations (CSOs) want Members of Parliament to eliminate budget allocations that enable corruption. ..

  • Museveni sets up outfit to fight URA corruption

    Museveni sets up outfit to fight URA corruption..

    President Yoweri Museveni has set up a new unit at State House, aimed at keeping an eye on Uganda Revenue Authority and curb corruption in the tax administration system...

  • EU, Enabel boost refugees with vocational skills

    EU, Enabel boost refugees with vocational skills..

    More than 5,000 youth in refugee communities in the West Nile Region have been passed out after receiving vocational skills aimed at boosting their self-employment opportunities and household incomes. ..

  • Planning Authority warns on surging population

    Planning Authority warns on surging population..

    The National Planning Authority has expressed concern about Uganda’s population, which has surged by 11.3 million since the last census...

  • Uganda boosts diplomatic, trade ties with France

    Uganda boosts diplomatic, trade ties with France..

    The Deputy Speaker of Parliament, Thomas Tayebwa, has hailed the cooperation between Uganda and France in the areas of trade, investment and diplomatic relations as a formidable uniting factor that ought to be fostered for further growth...

  • IMF projects modest global growth amid persistent inflation

    IMF projects modest global growth amid persistent inflation..

    The International Monetary Fund (IMF) has projected modest global economic growth over the next two years, driven by various regional dynamics, but cautioned about numerous risks that could derail this path. ..

  • Optimism as COMESA-EAC-SADC free trade area starts

    Optimism as COMESA-EAC-SADC free trade area starts..

    The COMESA-EAC-SADC Tripartite Free Trade Area (TFTA) Agreement officially came into force following ratification by the requisite number of member States. ..

  • Embassy of Norway to officially close next week

    Embassy of Norway to officially close next week..

    Ugandans are set to feel the pinch as of lost jobs and business services as the Norwegian Embassy in Kampala officially closes its doors next week on July 31. ..

  • Concern over fewer girls in vocational institutions

    Concern over fewer girls in vocational institutions..

    The low enrolment and completion rates for girls in Uganda’s Technical Vocational Education and Training (TVET) programmes should be a serious concern for policy makers and implementers, according to a new report. ..

  • Uganda nets UGX 80 billion from visa fees

    Uganda nets UGX 80 billion from visa fees..

    The Directorate of Citizenship and Immigration Control (DCIC) has reported a substantial increase in revenue from visa visa fees for the 2023/2024 fiscal year, totalling over UGX80 billion, up from UGX45 billion in the previous year. ..

  • Inflation hits highest level in 12 months

    Inflation hits highest level in 12 months..

    High cabbage, fish and Irish potatoes prices were the primary drivers of the 4% annual inflation in July, the Uganda Bureau of Statistics (UBOS) has indicated as per the July Consumer Price Index (CPI). ..

  • Optimism as Central Bank cuts key rate to 10%

    Optimism as Central Bank cuts key rate to 10%..

    The Bank of Uganda (BoU) has slashed the Central Bank Rate (CBR) by 25 basis points to 10%, a development that experts say would have significant implications for the banking sector and broader economic landscape in the country...

  • UBOS reports rise in August inflation

    UBOS reports rise in August inflation..

    The Uganda Bureau of Statistics (UBOS) has released the Consumer Price Indices and Inflation report for August 2024, highlighting a slight increase in monthly inflation and a noticeable rise in the prices of certain commodities, particularly mangoes and oranges. ..

  • Gov’t arrears threaten URA performance

    Gov’t arrears threaten URA performance..

    Uganda's revenue collection is facing a serious threat from the growing backlog of government arrears, which is straining the Uganda Revenue Authority’s (URA) ability to meet its targets. ..

  • Amongi drops Dr. Kimbowa from NSSF Board

    Amongi drops Dr. Kimbowa from NSSF Board..

    Gender, Labour and Social Development Minister Betty Amongi has appointed David Ogong as the new chairperson of the new Board of Directors for the National Social Security Fund (NSSF), replacing Peter Kimbowa whose contract was not renewed...

  • 2025/26 budget strategy to focus on four pivotal sectors

    2025/26 budget strategy to focus on four pivotal sectors ..

    The Government is outlining an ambitious strategy for the 2025/2026 fiscal year, aimed at steering the country towards a fully monetized and formalized economy...

  • URA exceeds August target by UGX27 billion

    URA exceeds August target by UGX27 billion ..

    The Uganda Revenue Authority (URA) has reported an impressive performance for August, with revenue collections surpassing the set target. ..

  • IMF cautions Ugandan banks over treasury bonds

    IMF cautions Ugandan banks over treasury bonds..

    In a new report, the International Monetary Fund (IMF) has warned commercial banks against overreliance on Government securities saying it raises serious financial concerns for the country’s economy...

  • Anxiety as donor aid taps shrink further

    Anxiety as donor aid taps shrink further..

    During the recent presentation of the Budget Strategy for the Financial Year 2025/2026, officials from the Ministry of Finance, Planning and Economic Development warned that dwindling external financing down by approximately 30% from UGX 4.4 trillion (about $1.2 billion) in 2022 to an estimated UGX3..

  • EADB launches UGX68 bn fund for Ugandan SMEs

    EADB launches UGX68 bn fund for Ugandan SMEs..

    The East African Development Bank (EADB), the region’s leading development financial institution, has launched a new $15 million (about UGX68 billion) fund to support the growth of 1,500 rural-based Small and Medium Enterprises (SMEs) in Uganda. ..

  • Charcoal hikes September inflation by 0.2%

    Charcoal hikes September inflation by 0.2%..

    Uganda experienced a notable increase in inflation in September 2024, as headline inflation rate soared by 0.2%, consistent with the previous month. ..

  • EADB gets positive credit ratings review

    EADB gets positive credit ratings review..

    The East African Development Bank's (EADB), the region’s premier development financial institution, has received positive credit results from a review of its credit ratings, raising hopes that borrowers would continue to borrow at more favourable interest rates...

  • BoU slashes key rate to 9.75% from 10.25%

    BoU slashes key rate to 9.75% from 10.25%..

    The Monetary Policy Committee (MPC) of the Bank of Uganda has announced a significant reduction in the Central Bank Rate (CBR), lowering it by 25 basis points to 9.75%. ..

  • Optimism as national economy registers 6.6% growth

    Optimism as national economy registers 6.6% growth..

    Optimism as national economy registers 6.6% growth..

  • Uganda gets positive IMF growth projection

    Uganda gets positive IMF growth projection..

    The International Monetary Fund (IMF) has painted a positive picture of Uganda’s economic growth prospects, posting a 5.9% growth projection, according to the latest World Economic Outlook report, which is above the average of 4.2% for Sub-Saharan Africa...

  • Optimism as Uganda nears full BRICS nod

    Optimism as Uganda nears full BRICS nod..

    Uganda has become one of the two African countries that have been admitted into the BRICS alliance in the category of ‘partner states.’..

  • US election: Africa hoping for the better

    US election: Africa hoping for the better..

    Voters in the United States today go to the polls to choose the 47th president of what is the world’s largest economic and military superpower, in an election that is not only tight in the US, but is also being closely watched around the world, including Africa...

  • Likely implications of Trump return for Africa

    Likely implications of Trump return for Africa ..

    Across Africa, Donald Trump’s forth-coming second term holds various implications for the continent and its development agenda. The United States remains an important partner in Africa’s growth. Through initiatives like the African Growth and Opportunity Act (AGOA) and the Millennium Challenge C..

  • Uganda among top 20 FDI destinations in 2024

    Uganda among top 20 FDI destinations in 2024 ..

    Uganda has been named among the top 20 investment destinations on the African continent in 2024...

  • Exports slump as coffee crisis bites

    Exports slump as coffee crisis bites..

    A new report by the Ministry of Finance, Planning and Economic Development has indicated that Uganda’s export earnings dropped by UGX 410.4 billion in September. ..

  • Civil society welcomes nationwide school-feeding plan

    Civil society welcomes nationwide school-feeding plan..

    Civil society organisations (CSOs) have welcomed the setting up of a national multisectoral working group to guide the implementation of the national school feeding initiative next year. ..

  • Kenyan envoy hails economic diplomacy, cooperation

    Kenyan envoy hails economic diplomacy, cooperation..

    The Kenyan High Commissioner to Uganda, Joash Maangi, has acknowledged the enduring "brotherhood" between Kenya and Uganda, which he said has significantly contributed to mutual progress. ..

  • Optimism as October exports surge to UGX2.7 trillion

    Optimism as October exports surge to UGX2.7 trillion ..

    Uganda’s export earnings surged to US$744.86 million (approximately UGX2.7 trillion) in October 2024, marking a 9% increase from US$682.69 million (UGX2.47 trillion) in September. ..

  • Uganda now officially BRICS partner country

    Uganda now officially BRICS partner country ..

    BRICS, the Global South-led forum for economic cooperation, continues to grow in influence, as it seeks to de-dollarize and transform the international monetary and financial system...

  • UGX20 Billion squandered in pension scam

    UGX20 Billion squandered in pension scam ..

    The Auditor General’s report for the year ending 2024 has unveiled alarming financial irregularities in the management of pension and gratuity benefits, revealing over UGX 20 billion in overpayments to beneficiaries. ..

  • What President Museveni said in Abu Dhabi

    What President Museveni said in Abu Dhabi..

    President Museveni has been in Abu Dhabi for the Sustainability Week 2025. This is an abridged version of his speech at the event...

  • Museveni woos Arab Emirates investors to Uganda

    Museveni woos Arab Emirates investors to Uganda..

    President Yoweri Kaguta Museveni has extended a call to global investors, particularly those in the United Arab Emirates (UAE), to seize lucrative opportunities in Uganda by investing in the country. ..

  • Debt Crisis: Experts want urgent reforms

    Debt Crisis: Experts want urgent reforms ..

    Standing at UG 96.1 trillion ($25.3 billion) as of June 2023, Uganda’s debt burden is approximately 52% of the country’s GDP. This debt comprises UGX 44.6 trillion in domestic debt and UGX 52.8 trillion in foreign debt. In his latest annual report, the Auditor General highlights the growing chal..

  • Central Bank maintains key rate at 9.75%

    Central Bank maintains key rate at 9.75%..

    The Central Bank Rate (CBR) for February will remain at the same rate of 9.75%, which has been in place since the end of last year, according to the Bank of Uganda. ..

  • URA sees 10% reduction in tax objection cases

    URA sees 10% reduction in tax objection cases..

    The Uganda Revenue Authority (URA) has reported a 10% decline in tax objections filed during the 2023/2024 financial year - reducing from 45% to 35%. ..

  • New URSB initiative to improve business survival

    New URSB initiative to improve business survival..

    The Uganda Registration Services Bureau (URSB) has launched an initiative whose objective is to equip entrepreneurs and corporate entities with essential skills in financial literacy, corporate governance, and business management to enhance business sustainability...

  • GROW: Low funds uptake irks Auditor General

    GROW: Low funds uptake irks Auditor General..

    The Auditor General has raised concerns about the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a key initiative aimed at empowering women entrepreneurs, which he says has recorded a low uptake of funds. ..

  • Coffee, minerals spur Uganda’s exports in December

    Coffee, minerals spur Uganda’s exports in December ..

    Uganda’s export sector recorded impressive growth in December 2024, with merchandise exports increasing by about 14% according to the January 2025 Performance of the Economy Report released by the Ministry of Finance, Planning and Economic Development...

  • Expert warns as February inflation rate doubles

    Expert warns as February inflation rate doubles..

    Uganda’s monthly headline inflation surged to 0.6% in February 2025, doubling from 0.3% in January, according to the latest data from the Uganda Bureau of Statistics (UBOS). The increase was primarily driven by rising prices of key food items, including tomatoes and fresh leafy vegetables...

  • Business sector rebounds in February - Stanbic report

    Business sector rebounds in February - Stanbic report..

    Uganda's private sector showed signs of recovery in February, after a temporary slowdown at the start of the year, the Stanbic Bank Purchasing Managers’ Index (PMI) has shown...

  • France offers UGX 340 billion for clean water

    France offers UGX 340 billion for clean water..

    Uganda has secured €85 million (about UGX 340 billion) from the Government of France to enhance water infrastructure and urban development in the Greater Kampala Metropolitan Area (GKMA)...

  • Money laundering, financial crime worries regional States

    Money laundering, financial crime worries regional States..

    In a resounding declaration aimed at securing regional financial stability, the Government of Uganda has pledged support for initiatives battling money laundering and terrorism financing, emphasizing that the stakes are far higher than mere financial compliance. ..

Most Recent

Popular Links