23rd June 2020


Finance Minister Matia Kasaija has opened the post budget speech e-conference for FY 2020/21 reiterating that the economic stimulus and growth strategy for the NRM government commencing next financial year and in the medium term aims at achieving three key objectives namely: Improving the wellbeing of Ugandans, boosting economic transformation and improving peace, security and good governance.


The Minister said while reading the budget speech for FY2020/21,on 11th June 2020,he informed Ugandans that his Ministry was consulting widely to ensure that the budget is properly aligned to the current economic realities arising out of #covid19 pandemic and the disasters that have hit the country.


“Consultations have continued to ensure that the interventions that government has proposed in the budget are able to address the needs and everyday aspirations for all Ugandans," said the Minister.


Kasaija said the e-conference will enable the public to gain further understanding of the budget including expenditure priorities and revenue measures.


He urged Ugandans to shun corruption and also participate in implementation of government programmes through enhanced monitoring and vigilance for better economic outcomes and improved service delivery.


Panelists for day one included: Deputy Governor Bank of Uganda, Dr.Adam Mugume, Executive Director CSBAG, Julius Mukunda, Vice-Chairperson Private Sector Foundation, Victoria Sekitoleko, Chairperson UMA, Barbara Mulwana and Chairman KACITA Evaristo Kayondo.


Others were Kenneth Mugambe, Director Budget in Ministry of Finance who represented the Permanent Secretary and Secretary to the Treasury as well as Ricky Thompson the co- founder of Safe Boda.


The 2 day e-conference which ends Wednesday 24th June 2020 is aired live on NTV,NBS,UBC and S24 from 10:00am to 1:00pm and a number of panellists including URA Commissioner General Musinguzi Rujoki are lined up for the second day to breakdown revenue measures for FY 2020/21.