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Launch of the National Budget Month FY 2024/25

Launch of the National Budget Month FY 2024/25


Minister of State for Investment and Privatization Hon. Evelyn Anite represented Finance Minister Hon. Matia Kasaija at launch of National Budget Month for FY 2024/25 at Kampala Serena hotel.

Anite called upon the Civil Society Organizations to do more in the fight against corruption by naming and shaming the corrupt people in government, adding that focus of all stakeholders should be on improving public service delivery and making Uganda a better country.

The Ministry of Finance will implement the national budget month activities for FY 2024/25 in the months of June and July,2024 and the main objective is to create awareness about government priorities and strategies for FY 2024/25 and also provide accountability to the citizens on the key achievements for the current financial year.

Launch of the National Budget Month FY 2024/25


The commencement of implementation of the national budget month activities coincided with the launch of release of the open budget survey results for 2023 which highlights Uganda’s commendable performance, ranking 1st in East Africa and 4th across the Continent in terms of budget transparency.

The Permanent Secretary and Secretary to the Treasury (PSST) Ramathan Ggoobi in his opening remarks said the key priorities of the budget for FY 2024/25 include:

  1. Investing in people of Uganda through human capital development.
  2. Peace and Security
  3. Construction of standard gauge railway & metre gauge railway
  4. Investing in wealth creation (Emyooga, PDM, agricultural credit facility etc.
  5. Maintaining existing infrastructure

The PSST also highlighted the strategy to grow the economy 10-fold from USD 55 billion in FY 2023/24 to USD 550 billion in the next 15 years through the four anchor sectors of Agro-industrialization, Tourism development, Minerals development, oil and gas as well as Science Technology & innovation (ATMS).

He said government will continue to focus on increasing revenue, controlling borrowing, ensuring efficiency and effectiveness in the use the limited resources.