Uganda Unveils UGX 84.3 Trillion Budget for FY2026/27

By Patrick Okino
The Minister of Finance, Planning and Economic Development, Henry Aringanyira Musasizi, has presented Uganda’s national budget of UGX 84.3 trillion for the Financial Year 2026/27 at Kololo Independence Grounds, outlining government priorities and spending plans aimed at accelerating economic transformation.
Musasizi said Uganda has become a land of opportunity and promise, with sustained investments in education, healthcare, infrastructure, and wealth creation.
Education
The government continues to expand access to quality education, skills development, and sports infrastructure.
Approximately 9.52 million learners benefited from Universal Primary Education (UPE), while nearly one million students benefited from Universal Secondary Education (USE) and Universal Post O-Level Education and Training.
Government achievements in the sector include:
Completion of 90 additional seed secondary schools, expansion of 54 existing schools, operationalization of 259 seed schools, continued investment in STEM education, vocational training, and digital literacy.
Musasizi also noted that Hoima City Stadium has been completed and preparations for 2027 Africa Cup of Nations remain on schedule.
The education sector has been allocated Shs6.66 trillion for FY2026/27, alongside an additional Shs568.65 billion for salary enhancement of primary school and arts teachers.
Health
The government continues to invest in a healthier and more productive population through increased funding for medicines, specialized healthcare services, and modern medical infrastructure.
Key achievements highlighted include:
Increase in funding for essential medicines to Shs862.93 billion,equipping 17 Regional Referral Hospitals and 25 General Hospitals with Neonatal Intensive Care Units (NICUs), installation of CT scan machines in 14 Regional Referral Hospitals, successful completion of Uganda’s first bone marrow transplant, construction of the specialized cardiac hospital in Naguru, the International Specialized Hospital of Uganda in Lubowa, and regional cancer centres is ongoing.
The health sector has been allocated Shs5.23 trillion.
Economic Outlook
“Our economy has expanded to USD 69 billion and is projected to grow at double-digit rates, driven by strong export performance, first oil, and sustained wealth-creation interventions,” Musasizi said. He added that this growth is increasingly translating into jobs, higher incomes, and improved livelihoods for Ugandans.
He further noted that investor confidence is rising and that the Ugandan diaspora is contributing through increased remittances, investment, and participation in national development.
Tenfold Growth Strategy
According to Musasizi, the budget is designed to accelerate the government’s Tenfold Growth Strategy, with 95.6 percent of discretionary resources allocated toward the ATMS agenda:
Agro-industrialisation
Tourism Development,mineral-based Industrialisation, science, Technology and Innovation.
These sectors are expected to drive production, productivity, value addition, exports, and job creation.
“I invite the private sector to take full advantage of these opportunities to create wealth,” he said.
“Kisanja No More Sleep”
Musasizi said the FY2026/27 budget launches Uganda into the era of “Kisanja No More Sleep,” calling on every Ugandan to actively participate in wealth creation and every leader to be accountable for transforming households and communities.
“The era of planning and debate is over, and the era of implementation and results has begun,” he stated.
He concluded by emphasizing the national mission to: “Produce more, earn more, export more, and lift every household out of subsistence.”
The minister dedicated the budget to Uganda’s wealth creators, particularly the youth, whose energy, enterprise, and innovation he said will drive the country’s transformation toward a USD 500 billion economy.