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News desk 11/6/2026
The Minister for Finance, Henry Musasizi, has presented the Shs84 trillion national budget for the 2026/27 financial year.
The budget aligns government spending to the ATMS growth framework—Agro-industrialisation, Tourism, Manufacturing, and Science, Technology and Innovation.
The strategy is intended to accelerate economic transformation and expand Uganda’s GDP from about $50 bn to $500 bn by 2040. The budget prioritises value addition, industrialisation and productivity growth across key sectors seen as drivers of structural economic change.
Agro-industrialisation remains the dominant pillar, receiving Shs2.26 trillion, the largest allocation ever directed to the agriculture sector. The government says the investment is aimed at shifting agriculture from subsistence to commercial production through irrigation expansion, agro-processing, improved input distribution, and stronger market systems.
Tourism has been allocated Shs567.32 billion as the government seeks to strengthen Uganda’s global competitiveness under the “Explore Uganda, The Pearl of Africa” brand. The sector remains a key foreign exchange earner and job creator.
Manufacturing has received Shs1.03 trillion to accelerate industrialisation and expand value-added production. Government plans to strengthen industrial parks, special economic zones, and agro-processing and mineral beneficiation.