Gov’t proposes Shs 57.441 trillion budget for financial year 2025/2026
The government has tabled the Budget Framework Paper ahead of the 2025/2026 fiscal year. The paper was presented by Henry Musasizi, the Minister of State for Finance. According to the Budget Framework Paper, the estimated budget for the next financial year stands at Shs 57.441 trillion, a reduction from the
Uganda shilling holds strong against the dollar amid sector demand and global market influences
The Uganda shilling opened the week on a strong note, trading at 3645/3655 against the U.S. dollar. It briefly hit 3640/3650 before stabilizing back at 3645/3655 during the early session. Continued dollar inflows from the agri-commodity sectors especially coffee and cocoa as well as inward remittances, helped the dollar maintain
