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  • #summitSTRATEGY & execution,  #WinningMindspark,  Economy

    Uganda’s 2025/26 Budget– bigger wallet. Same old shopping list

    June 15, 2025 / No Comments

    Minister Kasaija tabled a Shs 72.1 trillion budget with revenue targets of Shs 37.2 trillion,  a record 60% to be self-financed. The rest? Borrowed or begged. Projected GDP is Shs 254.2 trillion (USD 66.1 billion) for FY2025/26, up from Shs 226.3 trillion this year. The cheer? A 7.0% growth estimate. The caution? That optimism is riding on shaky assumptions– oil dreams not yet materialised, global price volatility, regional unrest, and donor fatigue. The structural deficit, 7.6% of GDP, remains huge. We are witnessing a classic case of what Economists refer to as “fiscal drift” — a budget that grows but…

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    M. B. Mugisa

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