Uganda Revises 2026-27 Budget to 78.24 Trillion Shillings
The Story
The Ugandan government has revised its proposed national budget for the 2026-27 financial year to 78.24 trillion shillings. This marks an 8.85 trillion shilling increase from projections released just last month. Finance Ministry Permanent Secretary Ramathan Ggoobi announced the updated figures in a Feb. 13 circular. The change is attributed to higher expected inflows.
Perspective
The Finance Ministry's circular, as reported by PML Daily, attributes the budget revision to "higher expected inflows." This explanation was provided by Finance Ministry Permanent Secretary Ramathan Ggoobi in the official announcement.
Why This Matters
The proposed national budget for the 2026-27 financial year has been revised upward by 8.85 trillion shillings to a total of 78.24 trillion shillings.
What's Next
The proposed budget is for the 2026-27 financial year.