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Today I presented the National Budget Speech outlining government priorities and allocations for the Financial Year 2026/27 at Kololo independence ground
In my speech I stated that Uganda has become a land of opportunity and promise.
Our economy has expanded to USD 69 billion and is projected to grow at double-digit rates,driven by strong export performance, first oil, & sustained wealth-creation interventions. More importantly, this growth is increasingly translating into jobs, higher incomes and better livelihood for Ugandans.
I also noted that Investor confidence is rising, and the Ugandan diaspora is responding with increased remittances, investment and active participation in our transformation.
This Budget aims to accelerate the attainment of the Tenfold Growth Strategy,adding that Government has allocated 95.6 percent of discretionary resources to the ATMS—Agro-industrialisation,
Tourism Development, Mineral-Based Industrialisation, and Science, Technology and Innovation—and their key enablers.
This Budget prioritises production, productivity, value addition, exports, and job creation. I invite the private sector to take full advantage of these opportunities to create wealth.
I also stated that Budget launches Uganda into the “Kisanja No More Sleep” and Every Ugandan must actively engage in wealth creation, and every leader must be accountable for transforming households and communities.
The era of planning and debate is over and the era of implementation and results has begun.
Our mission is clear
produce more, earn more, export more, and lift every household out of subsistence. I dedicate this Budget to all wealth creators, especially the youth, whose energy, enterprise and innovation will drive Uganda’s transformation into a 500-billion-dollar economy.
#KnowYourBudget26
New face. Same briefcase.
Finance Minister, Hon. @henrymusasizi1 has arrived at Kololo and is expected to deliver his maiden National Budget speech on behalf of the President. #PlenaryUg#UGBudget2026
Today (Thursday), the Finance Minister will present to the nation the 2026/2027 UGX 84.3 trillion national budget, the largest to date. The budget has increased by approximately 16.5% from UGX 72.38 trillion approved for the current financial year (2025/2026), which ends this month. #GCICMediaReview #KnowYourBudget26
BUDGET READING:
Following the 6th Permanent Secretaries’ Meeting of 2026 that was held on Tuesday, 2nd June 2026, chaired by the Head of Public Service and Secretary to Cabinet, considered key service delivery issues with a focus on practical interventions to enhance efficiency.
The Order Paper for this afternoon's #PlenaryUg at Kololo, where HE the President will deliver the Budget Speech for the Financial Year 2026/2027 in fulfilment of his constitutional obligation under Article 155(1) of the Constitution of the Republic of Uganda.
The article states that “The President shall cause to be prepared and laid before Parliament, in each financial year, but in any case, not later than the fifteenth day before the commencement of the financial year, estimates of revenues and expenditure of Government for the next financial year.” #UGBudget2026
I am honoured to have joined President @KagutaMuseveni today for the signing of a landmark agreement between @UG_Airlines and @Boeing for the acquisition of 10 new aircraft. This marks a major step in expanding Uganda’s aviation capacity and strengthening global connectivity.
The fleet expansion, covering both passenger and cargo aircraft, will boost trade, tourism, and investment, and position Uganda as a key aviation hub in the region.
BACKGROUND TO THE BUDGET FY 2026/27:
Ahead of the Budget speech reading today,we are pleased to share with you the background to the budget that will be presented by the Finance Minister @henrymusasizi1
Here are some highlights to note:
✅️Financial year 2026/27 will see the country witness many milestones of significant and historic proportion. The first and foremost is the imminent confirmation in March,2027 of Uganda’s graduation from the category of Least Developed Countries (LDC). This confirmation comes two generations after the country’s independence in 1962.
✅️This graduation is not merely a bureaucratic milestone; it is a powerful validation of national resilience that will lower sovereign risk, unlock premium international investment capital, and position the country as a highly competitive, self-determined economic engine on the African Continent.
✅️Within the same period, the country’s official transition into an oil producer will come to pass with the scheduled delivery of First Oil in the first half of FY2026/27. This milestone follows 17 years of patient but focused multi-sectoral visioning, planning and execution across different arms of government and by multiple players in the economy.
✅️Consistent with Government’s commitment to inclusive economic growth, FY2026/27 will reinforce last mile delivery of vital public services under the Parish Development Model.
✅️FY2026/27 Budget has been designed to accelerate Uganda’s transition from incremental growth to productivity driven transformation.
✅️Building on this momentum, the Government is targeting to reduce the proportion of households relying on the subsistence economy to 28.5 percent by FY2026/27 from the current 33 percent. This transition is being driven by commercialization of agriculture, scaling of MSMEs and structural expansion of the Parish Development Model (PDM) among other initiatives.
Have a blessed day as you wait for 2:00pm.
Details👇👇👇
https://t.co/TnVT1rgjCF
#KnowYourBudget26
Good morning Uganda
The National Budget is not just about figures, it is about people, opportunities, and a better future for every Ugandan. Today, the budget speech will be delivered at 2pm by @mofpedU#KnowYourBudget26#OpenGovUg
Thank you Hon.Nakidde Zainah, the new Mayor of Kyanamukaaka Town Council ,Masaka District for taking the time to meet me at my office today. As discussed, the immediate priorities for our rural area are upgrading the local health center, extending rural electrification,extending water,more coffee production,Vocational education, increase in emyooga funds and proper use of PDM funds. I appreciate your commitment to lobby for our people in Masaka District.
Fellow Ugandans, especially the Bazzukulu. Today at 2pm, the Financial Year 2026/27 National Budget will be read. I encourage you to follow the proceedings live on all national TV and radio stations, as well as on social media.
BUDGET SPEECH FY 2026/27:
It's only one day to the D-Day.
Finance Minister @henrymusasizi1 will deliver his maiden budget speech this Thursday.
Watch the space and stay tuned. All major TV and Radio stations will broadcast live the proceedings at Kololo.
#KnowYourBudget26