The Ugandan national budget for 2024/2025 was approved by Parliament, with a total expenditure of UGX72.136 trillion. The biggest portion of this⏤ UGX31.98 trillion will be financed by domestic revenues and domestic borrowing (UGX8.97 trillion), project support (UGX9.58 trillion) and budget support (UGX1.39 trillion) amongst other sources. Expenditure on wages and salaries is projected to amount to UGX7.926 trillion while non-wage recurrent expenditure shall be UGX17.454 trillion. Development expenditure from own resources is projected at UGX6.152 trillion, while external project financing shall be UGX9.584 trillion. UGX3.15 trillion has been allocated to external debt repayment amongst others. GDP is projected to…
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