Uganda’s economy grows to 6.3% in FY2024/25 as exports surge and inflation stays low

Uganda’s economy continues on an upward trajectory, registering a robust growth rate of 6.3% for the Financial Year 2024/25, according to the latest Performance of the Economy report released by the Ministry of Finance, Planning and Economic Development. The report, covering the month of June 2025, highlights improved economic indicators across multiple sectors including exports,…

Uganda allocates Shs 17.18 Tn for Q1 FY2025/26 amid economic resilience

The Ministry of Finance, Planning and Economic Development (MoFPED) has today released Shs 17.18 trillion for the First Quarter (Q1) of Financial Year 2025/26, accounting for 23.7% of the approved national budget. The funds will support critical sectors including health, education, infrastructure, and security under the government’s ambitious Ten-Fold Growth Strategy. Speaking at the press…

Uganda rallies private sector to lead Climate Finance mobilization

Kampala, Uganda — In a bold move to position the private sector at the heart of climate action, Uganda today launched the inaugural National Private Sector Engagement Forum on Climate Change, signaling a strategic shift towards green investment and sustainable development. Officiated by State Minister for Planning, Hon. Amos Lugoloobi, the high-level forum brought together…