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Government Releases First Quarter Funds, Targets Economic Growth and Better Services for Ugandans

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The Government of Uganda has officially released the Quarter One expenditure limits for the Financial Year 2026/2027, setting the stage for the implementation of key national priorities aimed at accelerating economic growth, creating jobs, and improving service delivery across the country.

Speaking during a press briefing, the Permanent Secretary and Secretary to the Treasury, Ramathan Goobi, said Uganda is starting the new financial year from a position of economic strength. He noted that the country has maintained macroeconomic stability, supported by strong economic growth, low inflation, a stable Uganda Shilling, rising export earnings, and growing investor confidence.

According to Goobi, the Quarter One expenditure releases have been carefully planned to sustain the country’s positive economic momentum while ensuring fiscal discipline and long-term debt sustainability. He explained that the government’s fiscal policy for the 2026/2027 financial year is focused on financing the country’s major growth drivers while at the same time promoting responsible management of public resources.

The government’s development strategy continues to focus on sectors expected to drive Uganda’s transformation into a more prosperous economy. These include agro-industrialisation, tourism development, mineral beneficiation, science and technology, innovation, information and communication technology (ICT), and the creative economy. These sectors are expected to create employment opportunities, attract investment, and increase national productivity.

Goobi emphasized that every public shilling released must generate value for citizens by supporting economic growth, creating jobs, and improving access to essential services. He said government agencies have been directed to ensure that public funds are utilized efficiently and deliver measurable results that directly benefit Ugandans.

The Treasury also programmed the expenditure limits based on expected revenue collections, available financing, and the approved fiscal framework. This approach, according to Goobi, will ensure that government programmes are implemented sustainably without placing excessive pressure on public finances.

As part of efforts to improve efficiency in public spending, government will continue to limit non-essential expenditures while safeguarding critical programmes and strategic investments. Priority funding has been allocated to key sectors including security, infrastructure development, education, health, and other human capital development initiatives.

Additional resources have also been earmarked for ongoing projects that require counterpart financing, operational activities of Ministries, Departments and Agencies, Local Governments, and Uganda’s diplomatic missions abroad. These allocations are intended to ensure smooth implementation of government programmes throughout the financial year.

In preparation for the Africa Cup of Nations (AFCON) 2027, the government has also provided funding for critical preparatory activities aimed at ensuring the country successfully hosts the continental football tournament. The event is expected to boost tourism, infrastructure development, and economic activity.

The Treasury further urged Accounting Officers to ensure timely implementation of approved budgets and efficient utilization of released funds. Government believes that effective budget execution is essential for translating public expenditure into tangible improvements in service delivery and the welfare of citizens.

Goobi reaffirmed government’s commitment to transparency, accountability, and public participation in the budgeting process. He noted that providing citizens with access to budget information helps them understand national priorities and strengthens public oversight of government programmes.

The release of Quarter One funds marks the beginning of the implementation of Uganda’s development agenda for the 2026/2027 financial year. With a strong focus on economic transformation, job creation, infrastructure development, and improved service delivery, government hopes the new budget will contribute significantly to improving livelihoods and driving the country toward sustainable growth.

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