Dissecting budgeting strategies for FY 2024/25 | MorningAtNTV

Parliament has passed the national budget for the Financial Year 2024/2025, approving a total expenditure of Shs72.136 trillion. This reflects a significant increase of Shs14.050 trillion from the initial budget proposal of Shs58.34 trillion. The budget comprises recurrent expenditure of Shs18.9 trillion and development expenditure of Shs34.7 trillion, with the total amount including statutory expenditure standing at Shs72.136 trillion. Uganda's fiscal policy review has analyzed the need to strike a balance between infrastructure and human capital development, as well as to re-engage development partners, especially under the program of human capital development. As we prepare for the budget reading, we sit down with Julius Mukunda, Executive Director of CSBAG; John Walugembe, Executive Director of FSMES; and Ezra Muhumuza, Executive Director of UMA.


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