Minister of State for Finance, Planning and Economic Development (Micro-Finance), Republic of Uganda.

Ssembabule, Uganda
Shartsi K Musherure retweeted
The United States has announced the Roosevelt Africa Trail as the first deal under its Trade Over Aid Deals framework, advancing an indicative US$1.2 billion investment pipeline for Uganda alone during the 81st United Nations General Assembly High-Level Week in New York. DETAILS || #VisionUpdates 👉👉newvision.co.ug/category/tra…
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Shartsi K Musherure retweeted
Grateful to everyone who joined us to mark America's 250th anniversary here in Uganda! Relive the moments from a day honoring our nation's founding. 🎉 #Freedom250
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Shartsi K Musherure retweeted
PHOTOS: The deputy governor Bank of Uganda, Prof. Augustus Niwagaba, on Saturday joined the leaders and residents in cleaning Kabale Town as he observed the national cleaning day exercise held on the last Saturday of every month. #MonitorUpdates 📸Robert Muhereza
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Shartsi K Musherure retweeted
Amen❤️♥️
Do not despise the day of small beginnings. 25 years of service. We thank God.
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Shartsi K Musherure retweeted
Today, I joined the 17th National Competitiveness Forum at Serena Hotel, Kampala, themed “From Funds to Firms: Turning GoU Wealth Creation Initiatives into Competitive Enterprises for Uganda’s US$500 Billion Economy.” I called for a shift from simply counting beneficiaries to building sustainable enterprises that create jobs, add value and generate exports. Our wealth creation programmes must help organise household enterprises into value chains linked to anchor companies, aggregators, processors and exporters, with clear markets, standards and prices. Competitiveness must translate into quality products, certification, packaging, traceability, branding and access to regional and global markets, including the East African Community (EAC), Common Market for Eastern and Southern Africa (COMESA) and African Continental Free Trade Area (AfCFTA).
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At the inaugural conference of the Association of Non-Deposit-Taking Microfinance Institutions, a new apex body that now brings together a critical section of our Tier 4 financial sector. Given the number of Ugandans this sector serves, many of whom sit outside the formal banking system, government is keen to ensure that it is well regulated, with a strong emphasis on governance and leadership. This, we believe, is the basis of the much-needed institutional trust! I also challenged members to embrace digital innovation in their service offerings. The future of microfinance is digital, and those who innovate today will be the ones serving Ugandans best tomorrow. I congratulate the association on this inaugural conference. It marks an important step towards a more coordinated, credible, and forward-looking microfinance subsector. @mofpedU
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Shartsi K Musherure retweeted
I joined Nana Joy and Maj. Gen. (Rtd) Leopold Erick Kyanda this past weekend as they gave thanks to God for His faithfulness over the years. It was a beautiful and moving ceremony, and a timely reminder of what truly matters, loyalty to country, loyalty to God, and the quiet discipline of service without expecting applause. We spoke about the values that have carried many of us through decades of public life: humility, gratitude, and the willingness to keep showing up for something bigger than ourselves. Occasions like this remind us that no achievement stands alone, it is built on faith, family, and the people who walk with us along the way. Congratulations to the Kyanda family on this milestone. May God continue to bless and keep you.
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Shartsi K Musherure retweeted
🎆 What a night! Wrapping up #Freedom250 celebrations with fireworks and friends. Proud to celebrate 250 years of freedom and the strong ties between the United States and Uganda.
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Shartsi K Musherure retweeted
Speaking at the 17th National Competitiveness Forum, I stated that the Forum themed “From Funds to Firms: Turning GoU Wealth Creation Initiatives into Competitive Enterprises for Uganda’s US$500 Billion Economy,” is aligned with the ongoing FY2027/28 budget consultations.
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Shartsi K Musherure retweeted
UPDATE: 1/2. This morning, Hon. Hajjat Aminah Mukalazi @AminahMukalazi met with a delegation from China Gezhouba Group Co., Ltd (CGGC), led by Mr. Wang Shengchun and Mr. Liu Zhenjze, alongside Eng. Steven Ogwete from the Ministry of Water and Environment
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Shartsi K Musherure retweeted
A billion shillings can open doors. But access, knowledge and the right tools help people make the most of the opportunities that come with it. Yesterday in Lira, we joined Arova SACCO for the launch of the GROW Loan Project, a partnership bringing finance and digital solutions closer to SACCO members. Through the partnership between Pearl Bank, @PSF_Uganda , the World Bank and the @Mglsd_UG , Arova SACCO has benefited from UGX 1 billion in financing.
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Shartsi K Musherure retweeted
FINANCE MINISTER ASKS FIRMS TO TAKE ADVANTAGE OF WEALTH FUNDS TO BECOME EXPORT GIANTS Finance Minister @henrymusasizi1 has challenged businesses to turn Government’s wealth creation and affordable financing initiatives into larger, profitable and export-oriented enterprises, as Uganda seeks to build a US$500 billion economy by 2040. Speaking at the 17th National Competitiveness Forum at Serena Hotel, Kampala,today Musasizi said the Forum, themed “From Funds to Firms: Turning GoU Wealth Creation Initiatives into Competitive Enterprises for Uganda’s US$500 Billion Economy,” is aligned with the ongoing FY2027/28 budget consultations. “The proposals arising from this Forum will inform budget prioritization going forward,” Musasizi said. He said Uganda must do things differently under NDP IV and the Tenfold Growth Strategy by sustaining economic growth of about 8% annually over the medium term, increasing productivity, formalising businesses, creating productive jobs and improving household incomes. “The challenge we must address going forward is how to significantly increase productivity,” he said, noting that productivity is critical for sustaining high economic growth and creating productive employment. Musasizi said Government has invested heavily in catalytic financing to de-risk private investment and expand access to affordable capital. By June 2026, Government had provided Shs 4.4 trillion under the Parish Development Model, about Shs 760 billion under Emyooga and Shs 1.35 trillion through the Agricultural Credit Facility, which has reached 14,000 projects and beneficiaries. Government has also capitalised Uganda Development Bank to Shs 1.6 trillion, while the Small Business Fund has a total capitalisation of Shs 200 billion. The US$217 million GROW Project supports women-led enterprises, while Shs 176 billion has been provided to support large-scale commercial farmers. “Government is resolute to support business growth and transformation to large and profitable firms, with a strategic focus on export-oriented enterprises,” Musasizi said. He urged stronger private-sector partnerships, technology adoption, value addition, improved storage and logistics, quality standards and export financing, while encouraging businesses to exploit opportunities under EAC, COMESA and AfCFTA. State Minister for Privatization and Investment @AminahMukalazi called for a shift in Government’s wealth creation programmes from counting beneficiaries to building sustainable enterprises that create jobs, add value and generate exports. “We must now become just as good at building firms,” Mukalazi said, noting that too much of the support still ends in small, scattered and isolated activities. She said Uganda’s US$500 billion economy target must be built through millions of households participating in organised value chains rather than producing in isolation. Mukalazi proposed organising household enterprises into clusters linked to anchor companies, aggregators, processors and exporters, giving producers clear markets, standards and prices. “Competitiveness is not decided in a room. It is decided at the counter and on a supermarket shelf,” she said, stressing the need for certification, packaging, traceability and branding. Permanent Secretary & Secretary to the Treasury, @rggoobi called for stronger aggregation of Uganda’s fragmented production to help enterprises scale, meet international standards and access export markets. Ggoobi said Uganda’s exports have risen by about 229% over the past four years, from US$5.6 billion in June 2022 to US$18.4 billion, but enterprises and farms still operate below their potential. He identified fragmented supply, post-harvest losses, limited value addition and expensive working capital among the key constraints. “We are losing up to 40% of what we harvest,” Ggoobi said.
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A powerful speech: he spoke for the whole of Africa. Well done Ruto 🔥
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Shartsi K Musherure retweeted
Earlier today at the 14th NSSF Annual Members' meeting I announced a record 22.53% interest rate for savers for the financial year 2025/26, translating into Sh5.44 trillion to be shared among members.
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Shartsi K Musherure retweeted
UGANDA IS A PAN-AFRICAN NATION. Uganda is home to over 1.2 million South Sudanese, alongside hundreds of Congolese, Burundians, Rwandans, Somalis, Eritreans, Ethiopians, Kenyans, Nigerians and many other African nationalities. Our message is clear: no African nationality should be victimised simply because of where they come from. NEVER. Under President Yoweri Kaguta Museveni, Uganda has consistently championed African solidarity, regional integration and peaceful coexistence. Pan-Africanism remains a central ideological principle of the NRM and an essential foundation of the East African integration project. We believe in the free and orderly movement of people, goods, services and capital within the framework of our regional laws and protocols. As Pan-Africanists, we shall continue to stand for the dignity of our African brothers and sisters. Africa belongs to Africans. Our diversity must be our strength, not a reason for division. NO TO XENOPHOBIA. YES TO PAN-AFRICANISM. YES TO EAST AFRICAN INTEGRATION. #panafricanism #unity #solidarity
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Shartsi K Musherure retweeted
𝐎𝐍 𝐓𝐇𝐄 𝐖𝐀𝐘 𝐓𝐎 𝐀𝐃𝐃𝐑𝐄𝐒𝐒 𝐔𝐍𝐆𝐀𝟖𝟏
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This Thursday, the #LocalGOVT27 consultations continue in Mbale City, where the Minister of State for Planning, @AmosLugoloobi, is engaging local leaders at Mbale Resort Hotel on the 2027/28 budget priorities. The consultations bring together leaders from Soroti, Amuria, Kapelebyong, Namisindwa, Nabilatuk, Soroti City and Lugazi Municipality. The Minister is breaking down what it means to achieve Uganda’s Tenfold Growth Agenda, with a strong focus on prioritising ATMS and key enablers. He also challenged local governments to embrace digital solutions, particularly in procurement and local revenue mobilisation, noting that e-Governance is central to improving service delivery. He emphasised that local leaders’ input is critical to shaping the national budget and called for their priorities to align with national development goals. And as always, taxes matter, leaders were encouraged to promote tax compliance while ensuring citizens see better services in return. #KnowYourBudget27
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Today in Kabale, I officiated my third Budget Consultative Meeting for the upcoming financial year, bringing together local government leaders and other stakeholders from across the region. The essence of this exercise has been to listen to the views of our partners at the local government level before budgeting. It is therefore the intention of government to turn these national priorities into tangible results by preparing focused, realistic and results-oriented budgets, so that every shilling delivers value for money. Thank you to everyone in Kabale for the candid and constructive input. Your voices will shape the budget. @henrymusasizi1 @mofpedU
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Shartsi K Musherure retweeted
Honored to serve as a panelist at the National Youth Symposium, deliberating on rebuilding trust and social cohesion Post-Election Uganda. I emphasized the need for stronger institutions, unlikely coalitions among youth interest groups and leaders for the common youth agenda.
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Permanent Secretary Mr @AlexKakooza_ this morning opened the 3rd National Anticipatory Action Dialogue 2026 at Imperial Beach Resort Hotel. The engagement, bringing together local and international development partners, follows Uganda’s recent launch of the Anticipatory Action Roadmap – a framework aimed at shifting the country’s approach to disaster management from responding to crises after they occur to taking early, forecast-based action before disasters strike. Mr Kakooza urged participants to focus on practical, implementable, and measurable actions that will enable @GovUganda to institutionalise and scale up anticipatory action. #OPMUganda
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