What opportunities does Uganda's FY2026/27 Budget present for citizens? The ED @JuliusMukunda shares insights on key budget priorities, opportunities, and accountability measures in today's @DailyMonitor #KnowYourBudget26 🇳🇱🇸🇪🇩🇰🇮🇪 @mofpedU @ACODE_Uganda @SEATINIUGANDA

The real cost of poor planning is that taxpayers pay twice. Roads are paved, then dug up weeks later for water pipes, internet fibre, power lines, or drainage works. Better coordination and a "dig-once" approach would save money, reduce congestion, and protect public infrastructure.@CSBAGUGANDA @NPA_UG

Africa’s tax systems must retain wealth on the continent, reduce harmful consumption, finance development, and tackle inequality. That was a resounding message from Day 3 of the 14th Pan-African Conference on Illicit Financial Flows and Taxation. Key takeaways: ➡️ Health Taxes - An opportunity to both discourage harmful consumption including tobacco, alcohol and sugary products and mobilize domestic resources. ➡️ Youth Inclusion - Moving beyond token representation to ensure young people have meaningful influence in fiscal policy formulation and decision-making. Please tap this link to learn more on this development: csbag.org/download/14th-pac-… @OxfaminUganda @ACODE_Uganda @IMFAfrica @SEATINIUGANDA @TaxJusticeAfric @JuliusMukunda

Corruption has become common due to “budgeting for corruption,” where people plan funds with the intention of stealing them. @JuliusMukunda - ED @JuliusMukunda #ForABetterUganda

We cannot continue borrowing more while failing to account for the resources we already have. Every shilling must be traced to what it was intended to achieve. @JuliusMukunda - Executive Director, @CSBAGUGANDA #ForABetterUganda

On Uganda's Current Budgeting Landscape @JuliusMukunda ED @CSBAGUGANDA #ForABetterUganda

When debt repayments take a growing share of government revenue, the cost is ultimately borne by citizens through the services they do not receive. @JuliusMukunda - Executive Director, @CSBAGUGANDA #ForABetterUganda

Parliament must not only approve loans; it must follow the money to the project, ask what was delivered and hold those responsible to account. @JuliusMukunda - Executive Director, @CSBAGUGANDA #ForABetterUganda

I am not saying that the Government should not borrow, but what will the money be used for, and how will it be used? @JuliusMukunda - @CSBAGUGANDA ED #ForABetterUganda

The rising cost of land is a burden to the ordinary person because the resources that would otherwise go towards providing essential services are now being used to repay debts. - Hon. @MwijukyeFrancis #ForABetterUganda

Fuel prices have gone up, but there are people who do not know the price of fuel because they have fuel cards and simply go to have them filled. — Hon. @MwijukyeFrancis #ForABetterUganda

The Charter of Fiscal Responsibility gives us a framework to manage borrowing, reduce fiscal risks and ensure that public resources translate into sustainable development - Hon. @KankundaAmos1 #ForABetterUganda

Uganda must borrow responsibly today while ensuring that the investments we make from those resources generate returns for the economy tomorrow - Hon. @KankundaAmos1 #ForABetterUganda

GOV’T CAPITALISES UDB TO SHS 2.2 TRILLION TO DRIVE INDUSTRIAL, EXPORT GROWTH Government has so far capitalised Uganda Development Bank (UDB) to the tune of Shs 2.2 trillion, including the additional Shs 442.2 billion capital provided in FY 2026/27, strengthening the Bank’s capacity to provide affordable, long-term financing for industrialisation, export growth, value addition and other strategic investments. Finance Minister @henrymusasizi1 said the strengthened capital base will enable UDB to play a greater catalytic role in supporting investments aligned with Uganda’s development priorities, including agro-industrialisation, tourism, mineral-based industrialisation, science, technology and innovation. Musasizi made the remarks today while officiating at the commissioning of UDB Tower, the Bank’s renovated 14-storey head office on Plot 22, Hannington Road, Kampala. He said UDB occupies a critical position in Uganda’s development architecture by connecting Government priorities with the capital required to translate them into productive investments. “Uganda’s next phase of economic transformation requires strong institutions with the capacity to mobilise long-term capital and channel it towards productive investments,” Musasizi said. He said strengthening UDB’s institutional capacity would enable the Bank to support investments that expand Uganda’s productive base, create jobs, increase exports and raise household incomes. Musasizi said the Bank’s mandate is aligned with Government’s Tenfold Growth Strategy, which targets transforming Uganda into a $500 billion economy by 2040, noting that achieving this ambition will require substantial mobilisation of domestic and private capital as well as foreign direct investment. The Minister also urged UDB to deepen innovative financing through private equity, structured and project finance, corporate bonds, blended financing and public-private partnerships, while using de-risking and credit-enhancement mechanisms to attract more private capital. UDB Board Chairman Geoffrey Kihuguru said the new headquarters should be viewed as part of the Bank’s long-term institutional investment rather than simply a physical facility. He said UDB must continue building the institutional strength, governance, talent and infrastructure required to mobilise capital, support productive enterprises and catalyse investments of national significance. “Our responsibility is to build a development finance institution that is not only relevant to Uganda’s needs today, but one that has the capacity and resilience to serve generations to come,” he said. UDB Managing Director Dr. Patricia Ojangole said the commissioning marks an important milestone in the Bank’s institutional transformation, bringing its people and operations together in a modern facility designed to improve collaboration, innovation and service delivery. UDB’s 2025 Development Impact Report demonstrates the economic contribution of the Bank’s financing. The 525 enterprises assessed generated Shs 6.261 trillion in gross revenue, Shs 1.158 trillion in net profit after tax and Shs 387 billion in tax contributions. The enterprises also created and maintained 69,202 jobs, including 50,221 jobs for youth and 27,641 for women, while generating Shs 1.847 trillion in foreign exchange earnings. The Bank currently has 904 direct customers and 112,399 total customers across 114 districts, with operations covering three regions. Plans are underway to extend coverage to two additional regions this financial year. UDB Tower, covering approximately 7,806 square metres across 14 floors, incorporates modern workspaces, customer-service facilities, meeting and training rooms, an innovation room, Boardroom and modern ICT infrastructure. The building also has a 25-kilowatt solar-power system, smart energy-management systems and features designed to maximise natural lighting and ventilation.

Follow the conversation via Link to online show ➡️youtube.com/live/ZswhbfFqCIA… #ForABetterUganda @JuliusMukunda

Link to online show ➡️youtube.com/live/ZswhbfFqCIA…

Tonight on @TayariWestTV's TOOCHI Program Join us for an insightful discussion on "The Issues Affecting the Nation and the way forward for the ordinary Ugandan" Featuring these Panelists: • @JuliusMukunda - @CSBAGUGANDA ED • Hon. @KankundaAmos1- MP Rwampara County • Hon. Francis Mwijukye - MP Buhweju County • Jolly Jacklyn Tukamushaba - Deputy President @NUP_Ug Western Region Don't miss this crucial conversation! 🕒Time: 9:00 PM today. Follow the conversation on: DSTV Uganda- 366 Azam TV - 356 Zuku TV - 077 Star Times Uganda - 468 and Free to Air #ForABetterUganda @ACODE_Uganda @SEATINIUGANDA @GovUganda @Parliament_Ug

LG REGIONAL BUDGET CONSULTATIONS FY 2027/28 FINALISED: We concluded the Local Government Regional Budget Consultations for FY 2027/28 across the country on Friday last week. We are grateful to you all our Stakeholders especially the Local Governments who actively participated in these consultations. The recommendations from these consultations will guide the finalisation of the budget for FY 2027/28. #KnowYourBudget27

OFFICIAL LAUNCH OF THE AFRICA CREDIT RATING AGENCY (AFCRA) Minister of State for Planning @AmosLugoloobi represented President @KagutaMuseveni at the official launch of the Africa Credit Rating Agency (AFCRA) at the InterContinental Mauritius Resort Balaclava Fort, Republic of Mauritius. The establishment of AfCRA represents a significant milestone in Africa's efforts to strengthen its financial architecture and promote a more informed, credible and continent-focused approach to credit ratings. The initiative supports the broader African Union objective of addressing challenges associated with sovereign and corporate credit ratings and improving access to sustainable sources of capital. It's strategic initiative for Africa's financial and economic development. It should be noted that, for decades, the methodologies employed by major global credit rating agencies have met with limitations in fully capturing the realities of African economies. The event brought together senior government officials, policymakers, financial institutions, investors, credit rating professionals, development partners and other key stakeholders from Africa and beyond. The African Credit Rating Agency reaffirms the collective resolve to build African institutions. The AfCRA is therefore expected to address the existing gap through accurate,fair and context-sensitive credit assessments. The Agency will leverage in-depth regional knowledge, cultural understanding and data-driven analysis.

@CSBAGUGANDA Regional Co-ordinator Edna Abiko conducted a sub - county interface meeting at Rhino Camp Town Council. All the 35 participants including duty bearers, PBCs, Sacco leaders, & beneficiaries attended and validated @CSBAGUGANDA's monitoring findings. Some of the key challenges identified include: ➡️Lack of Wendi Service providers (hindering loan repayments), ➡️Delayed/inadequate funds forcing Sacco leaders to levy fees ➡️Poor disbursement timing causing diversion. 🤝 Key Action Points Agreed: 1️⃣ Sacco leaders to stop charging fees & document AGM minutes if fees are unavoidable. 2️⃣ Town Council leaders to guide beneficiaries on repayments. 3️⃣ Enhanced monitoring & technical backstopping by Town Council. 4️⃣ Inclusion of LCIs & local leaders in all PDM trainings. The town Council leaders appreciated @CSBAG_Uganda for sharing findings with actionable recommendations and pledged continued support. #InclusiveUG @PDMSecretariat @ACODE_Uganda @SEATINIUGANDA @wecisnet @SensitiseUg 🇸🇪🇮🇪🇩🇰🇳🇱 @DKinUganda @IrlEmbUganda @JuliusMukunda