
The Government of Uganda has signaled that wealth creation will remain at the center of its economic agenda, with the upcoming FY 2026/27 national budget set to prioritize investment in ATMS and Enablers.
Speaking on KFM radio, Permanent Secretary and Secretary to the Treasury (PSST) Dr. Ramathan Ggoobi said the budget, which will be presented on June 11, 2026, is designed to accelerate economic transformation through targeted investments in key productive sectors.
"We have put the lions share of our resources in ATMS and Enablers," said the PSST, adding that 85% of the discretionary budget is targeting ATMS and Enablers.
Dr. Ggoobi emphasized that the government's focus is on expanding opportunities for Ugandans through wealth creation initiatives and increased investment.
He encouraged young Ugandans to take advantage of the growing employment opportunities within the country, noting that investors from the United Arab Emirates and other countries are increasingly choosing Uganda as a destination for investment.
According to Dr. Ggoobi, these investments are expected to contribute significantly to wealth creation and economic growth.
The PSST also highlighted Uganda's preparations for first oil production while stressing the importance of maintaining a diversified economy.
"Uganda is preparing for the first oil but also focused on diversification of the economy so that the country does not become an oil dependent economy," he said.
In addition to investment-led growth, the government is introducing measures aimed at strengthening accountability and improving public financial management.
"As Government,we are shifting from spending to enforcing results and discipline," said Dr. Ggoobi, adding that all Accounting Officers will effective next financial year sign on a Budget Discpline and Accountability Charter as a new commitment to budget discipline.
The government is also pursuing procurement reforms intended to eliminate middlemen and reduce the time required to procure goods and services, measures expected to improve efficiency in public spending.
Meanwhile, the Ministry of Finance, Planning and Economic Development has announced the launch of National Budget Month activities for FY 2026/27, scheduled for Monday, June 1, 2026, at the ministry's headquarters.
The ministry said the initiative forms part of ongoing reforms aimed at strengthening budget transparency, accountability, and citizen participation in the national budgeting process.
According to the ministry, the National Budget Month provides a strategic platform for deepening public understanding of the budget and strengthening collaboration between government and citizens.
The activities are expected to provide Ugandans with an opportunity to engage with government officials, better understand budget priorities, and follow the implementation of policies designed to support economic growth and national development.
The FY 2026/27 budget is expected to outline government spending priorities for the coming financial year, with a strong emphasis on wealth creation, investment, accountability, and economic transformation.











Sunrise reporter
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