KAMPALA, UGANDA: The Minister of Finance, Planning, and Economic Development Hon Matia Kasaija on Tuesday presented the Shs 48.13 trillion 2022/23 National budget with Transport, Security, PDM, and Education among the sectors with the biggest shares.
In a function held at Kololo ceremonial grounds in Kampala, this year’s National budget ran under the theme; ” Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access.”
According to the Minister, this theme summarises the National Budget Strategy and the priorities and is in line with that of the East African Community (EAC) which is “accelerating economic recovery and enhancing productive sectors for improved livelihood”
In an insight view of the budget, Uganda’s GDP per capita increased to USD 1,046 (Shs3.7 million) per person per year, while the size of the economy expanded to Shs162.1 trillion (USD 45.7 billion).
Budget allocations FY2022/23
- Shs3.897 trillion improvement of security and security infrastructure
- Shs1.059 trillion for Parish Development model
- Shs1.432 trillion for Justice, law, and order
- Shs381.6 billion judiciary
- Shs95 billion for DPP
- Shs876.4 billion for Uganda Police
- Shs308.7 billion for Uganda Prisons Service
- Shs79.4 billion for the office of the IGG
- Shs628 billion to mitigate climate change
- Shs564.39 billion boost agriculture production
- Shs1.449 trillion agro industrialisation, standards and market entry
- Shs194.7 billion tourism
- Shs904.1 billion development and commercialisation of minerals, oil and gas
- Shs1.027 trillion water and environment sub programme
- Shs4.14 education and skilling
- Shs274.4 billion advancing innovation
- Shs4.3 trillion transport and infrastructure
- Shs1.573 trillion power infrastructure
- Shs124.2 billion digitalisation
- Shs495 billion salaries of medical workers, scientists and science teachers
- Shs5.1 trillion decentralisation, funding local government
Below is the full 60-page speech as read by Finance Minister Matia Kasaija
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