Article may be outdated

This article is 89 days old. Some details may have changed since publication.

SoftPower News·3 min read·medium

Gov’t Releases FY2026/2027 First Quarter Funds, Targets Economic Growth and Better Service Delivery

R
Rogers Atukunda
Gov’t Releases FY2026/2027 First Quarter Funds, Targets Economic Growth and Better Service Delivery
✦AI Summary

The Ugandan government has released 23.03 trillion Shillings for the first quarter of the 2026/2027 financial year. The funds are prioritized for economic growth, job creation, and public service delivery under the country's Tenfold Growth Strategy.

Why it matters

This release dictates the immediate fiscal trajectory and development priorities for Uganda's economy for the upcoming quarter.

✦Dive DeeperCreate a free account to unlock

KAMPALA — The Government of Uganda has released expenditure limits for the first quarter of the Financial Year 2026/2027, prioritising programmes aimed at boosting economic growth, creating jobs and improving public service delivery.

The total release for Q1 FY2026/27 is Shs 23.03 trillion, representing 27% of the approved budget.

Speaking during a media briefing on the releases, the Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Goobi, said Uganda enters the new financial year with a stable macroeconomic environment characterised by stronger economic growth, low inflation, a stable Uganda Shilling, increased exports and improved investor confidence.

Goobi said the Quarter One expenditure releases were carefully structured to sustain the country’s economic momentum while ensuring fiscal discipline and maintaining debt sustainability.

“The Quarter One expenditure releases have been carefully aligned to sustain this momentum while preserving fiscal and debt sustainability,” Goobi said.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economypolitics
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in