Uganda has increased its projected public spending for the 2026/27 financial year by 12.7 percent to 78.2 trillion Ugandan shillings, equivalent to about $21.78 billion, according to Reuters.
The revised estimate forms part of the government’s draft budget framework for the fiscal year beginning July 1, 2026. CNBC Africa said the higher expenditure plan reflects adjustments to national development priorities, including infrastructure investment, social services expansion, and preparations for anticipated oil revenue flows.
The administration of President Yoweri Museveni has positioned the expanded budget as a vehicle to accelerate economic transformation and support strategic sectors ahead of expected commercial oil production. MarketScreener has indicated that energy, transport, and human capital development will remain central pillars of spending.
While the increase signals confidence in medium-term growth prospects, analysts note that Uganda will need to balance higher expenditure with prudent debt management and stronger domestic revenue mobilization to maintain fiscal sustainability.
