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Tag Archives: Matia Kasaija

Uganda secures shs54 billion financing from BADEA

Kampala, Uganda | THE INDEPENDENT | Uganda has has secured a financing facility worth 150 Million Dollars (about 53.7 Billion Shillings) from the Arab Bank for Economic Development in Africa (BADEA) to support private sector growth.‎ ‎This is under the agreement signed by BADEA and the Minister of Finance, Planning …

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NRM cadres push for unity, pro-poor agenda

Kampala, Uganda | THE INDEPENDENT | As the ruling National Resistance Movement (NRM) intensifies its internal nomination process ahead of the 2026 general elections, top party leaders and aspiring candidates are calling for unity and a legislative agenda that prioritizes poverty eradication. Aspirants continue to flock to the NRM Electoral …

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Uganda’s exports grow by 27% in 12 months

KAMPALA, UGANDA | Xinhua | Uganda’s exports of goods and services grew by 27 percent in the 12 months ending in March, a senior government official said Thursday. Presenting the national budget estimates for the 2025/2026 financial year, Finance Minister Matia Kasaija said exports rose from 9.56 billion U.S. dollars …

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Lubowa hospital construction 68% complete

Kampala, Uganda | THE INDEPENDENT | The infrastructure development of the International Specialised Hospital of Uganda, commonly referred to as Lubowa hospital, is now at 68%, Finance Minister Matia Kasaija announced on Thursday as he delivered the Financial 2025/2026 budget speech. The 1.4 trillion Shillings, 264-bed capacity hospital project launched …

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Uganda projects 7% economic growth for FY 2025/26

How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …

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Museveni launches new development plan

Kampala, Uganda | THE INDEPENDENT | The newly developed fourth National Development Plan (NDPIV) is ready to be implemented with effect from the beginning of the financial year 2025/2026. President Museveni launched the NDPIV on his arrival at Kololo ceremonial ground where Parliament was sitting for the budget ceremony. The …

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