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Monitor Shs84T Budget or Face Jail, Museveni Warns NRM, Opposition Leaders

Monitor Shs84T Budget or Face Jail, Museveni Warns NRM, Opposition Leaders

President Museveni has used the reading of the Shs84.4 trillion FY 2026/27 budget to warn NRM and opposition politicians to aggressively monitor public funds or face prosecution. Read by Finance Minister Henry Musasizi, the budget prioritizes a 10.2% growth target, fueled by the Parish Development Model and upcoming commercial oil revenues.

Andrew Matege
Shs2T Energy Injection to Shield Uganda from Global Fuel Shocks

Shs2T Energy Injection to Shield Uganda from Global Fuel Shocks

Finance Minister Henry Musasizi has allocated Shs 2.07 trillion to the energy sector for FY 2026/27. The budget funds the groundbreaking of the 380MW Kiba hydro plant, Buyende nuclear preparations, and a 20.15% equity stake purchase in the Kenya Pipeline Company to insulate Uganda from global fuel supply shocks.

Andrew Matege