The Ministry of Finance Planning and Economic Development has today morning launched the Budget Month activities ahead of the national budget reading on Thursday 11th June 2026.
According to the Ministry of Finance Planning and Economic Development Permanent Secretary Dr Ramathan Ggoobi told journalists that during the period, the Ministry will inform Ugandans about the priorities of government for the next financial year and how we are going to mobilise the required resources to finance these priorities.
Ugandans should be ready to tap into the opportunities that are emerging out of the strategic growth of Agro-industrialisation, Tourism, Mineral-based industrialisation including oil and gas as well as Science, Technology and Innovation, including ICT and Creative Arts.
The Ministry is also prioritising investment in the enablers of transport infrastructure, electricity, Irrigation, social services such as education and health and industrial Parks and Domestic Resource mobilisation among others.
Meanwhilw the Parish Development Model Secretariat has launched strategic engagements with local government leaders across the country to establish clear recovery modalities for the Ugx 1 million loans advanced to beneficiaries under the government’s flagship poverty alleviation programme.
The move follows the expiry of the mandatory two-year grace period granted to beneficiaries who received funds between 2022 and 2024.
While speaking during the Western Uganda regional review workshop, the Parish Parish Development Deputy National Coordinator Bonny Kashaija said the engagements are intended to gather feedback from local leaders on the programme’s implementation, identify persistent challenges and inform future policy adjustments.
Kashaija noted that timely repayment is important in strengthening the revolving fund system and promoting financial discipline among beneficiaries and said that the rcovery is essential to ensuring the long-term sustainability of the initiative, which aims to uplift households out of the subsistence economy.
It should be noted that the recovery phase begins, concerns have emerged over administrative bottlenecks and strict residency requirements that some urban leaders say risk excluding legitimate beneficiaries.
