Government Unveils Seven Key Priorities for 2027/28 National Budget

Photo: Kit Media Link 

By Patrick Okello

Kit Media Link 


MASAKA — The Government has unveiled seven key priorities to guide the preparation of Uganda’s National Budget for the 2027/28 financial year, with a strong focus on boosting economic growth, creating jobs and improving household incomes.


The priorities place emphasis on increasing domestic revenue collection, prudent management of oil revenues and mobilising private capital to support key areas of the economy.

Government also plans to accelerate the Ten fold Growth Strategy while strengthening investment in Ago-Industrialization, tourism, minerals, science, technology and innovation.

The agenda further focuses on expanding exports and employment opportunities, alongside strengthening wealth-creation initiatives including the Parish Development Model (PDM) and Emyooga.

Speaking during the Central Region Local Government Budget Consultative Workshop in Masaka City, Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Cissy Mulondo, urged Local Governments to prepare realistic and results-oriented budgets.

She said effective planning, accountability and proper use of public resources would be critical in translating national priorities into improved service delivery and better livelihoods at the grassroots.

The Minister also called for stronger supervision and value for money, while urging Local Governments to address challenges such as procurement delays, weak contract management and poor utilisation of resources.

Local Governments are required to submit their Budget Framework Papers for the 2027/28 financial year by 13 November 2026,in line with the Public Finance Management Act.

The Masaka consultation is part of a nationwide exercise running from 14th September to 2 October 2026, under the theme: "Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialization, Expanding and Broadening Services, Digital Transformation and Market Access.”


#Masaka#KitMediaLinkNews

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