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National Budget
Briefing
Description :
Uganda’s Parliament approved a substantial national budget for the fiscal year 2024/2025, setting an ambitious Shs72.136 trillion financial blueprints after ratifying the Appropriations Bill 2024 on May 16. This budget marks a notable increase of Shs14.050 trillion from the earlier projection of Shs58.34 trillion, underscoring a significant fiscal expansion aimed at propelling the nation’s growth. The budget comprises recurrent expenditure of Shs18.9 trillion and development expenditure of Shs34.7 trillion, with the total amount including statutory expenditure standing at Shs72.136 trillion.
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