KAMPALA, Uganda — The Ministry of Finance, Planning and Economic Development released 17.4 trillion shillings Friday for the final quarter of the 2025-26 fiscal year, a figure that exceeds the original parliamentary budget by 4.7 trillion shillings.
The release brings total funding for the year to 77 trillion shillings. Finance Ministry Permanent Secretary Ramathan Ggoobi said the allocations were adjusted to support growth while maintaining fiscal discipline following the 2026 general election.
Debt and treasury operations received the largest share of the quarterly funds at 6.38 trillion shillings. Other major allocations include 2.04 trillion shillings for wages and salaries and 1.76 trillion shillings for the Ministry of Works and Transport to fund infrastructure projects like Uganda Airlines and railway development.
Ggoobi instructed accounting officers to prioritize clearing domestic arrears and warned against the accumulation of new debt.
Economic growth is projected between 6.6% and 7% for the fiscal year ending June 30. Ggoobi cited infrastructure investment and foreign direct investment as key drivers of this expansion. He noted that inflation remains at 3.3%, which is below the government’s 5% target.
Civic leaders raised concerns regarding the distribution and impact of the funds. Julius Mukunda, executive director of the Civil Society Budget Advocacy Group, urged the government to address staffing shortages in the judiciary to help resolve commercial court cases valued at 14 trillion shillings.
Additionally, Peter Tukundane of SEATINI-Uganda said that while the ministry releases funds on time, bureaucratic delays often prevent the money from reaching local beneficiaries and pensioners.
Ggoobi said the economic outlook remains positive, with expectations for double-digit growth once oil production begins.
