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Home»Breaking news»FINANCE RELEASES SH 18.43 TRILLION FOR SECOND QUARTER
Breaking news

FINANCE RELEASES SH 18.43 TRILLION FOR SECOND QUARTER

felix@elixnews.co.ugBy felix@elixnews.co.ugOctober 15, 2025Updated:March 24, 2026No Comments2 Mins Read
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The Ministry of Finance has released Shs 18.43 trillion to government institutions for the second quarter of the 2025/26 financial year.

Addressing media in Kampala,Deputy Secretary to the Treasury, Patrick Ocailap, said the funds are aimed at supporting the government’s Ten-Fold Growth Strategy, with a focus on key production drivers including agro-industrialisation, tourism, minerals, and science and technology.

“Our main objective is to promote technical efficiency by ensuring that all Ministries, Departments, Agencies, and Local Governments deliver better services to Ugandans at the lowest cost,” Ocailap said.

He instructed accounting officers to ensure timely payment of salaries, pensions, and gratuities by the 28th of every month. He stressed that no recruitment should occur without clearance from the Ministry of Public Service, and that all government transactions must be executed in Uganda shillings.

Ministries, departments, and local governments were also urged to hold Finance Committee meetings to agree on quarterly priorities and maintain clear spending records.

Ocailap reported that Uganda’s economy continues to expand despite global financial pressures and geopolitical tensions. Real GDP grew by 6.3 per cent in FY2024/25, up from 6.1 per cent the previous year, increasing the economy’s size to Shs 227.88 trillion.

Break down of the funds

The Works and Transport Ministry received Shs 1.7 trillion, earmarked for road projects and the completion of Entebbe International Airport. The Defence and Veteran Affairs Ministry was allocated Shs 642.8 billion for security-related expenditure, while Health received Shs 471 billion, including Shs 205 billion for the National Medical Stores.

Local governments were allocated Shs 390.78 billion, with Shs 252 billion dedicated to capital development projects. The Education and Sports Ministry received Shs 172 billion, including Shs 144 billion earmarked for public universities.

The Police and Prisons services received Shs 161.6 billion and Shs 89.6 billion, respectively, for security sector expenditure. The Office of the President was allocated Shs 114 billion, also for security purposes.

Meanwhile, the Electoral Commission received Shs 52.7 billion to complete the full release of Shs 450 billion for the electoral roadmap, and Shs 187 billion was set aside for domestic arrears, utilities, rent, and international contributions.

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PRESIDENT MUSEVENI REAFFIRMS UGANDA’S SUPPORT TO DRC IN REGIONAL EBOLA RESPONSE

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