On 12th June 2025, the finance minister, Matia Kasaija, read the 2025/26 budget at a ceremony at Kololo ceremonial grounds.
However, the opposition says the 72 trillion shillings budget does not reflect the economy’s current state.
The country is drowning in debt and facing other challenges that leave the average citizen worried about what the future holds.
According to Ibrahim Ssemujju Nganda the shadow finance minister for says that the 72 trillion shilling budget in the country’s proposal is just exaggerated for purposes of creating an impression that Uganda’s economy is growing.
Ssemujju also added that URA has been collecting 24 trillion, 25 trillion and sometimes 26 trillion. He also added that the collections are growing by 1 trillion to 2 trillion, and to him, he says the tax component won’t be made.
The Kira municipality MP also said that URA and Uganda’s economy cannot generate 37 trillion in taxes.
https://www.youtube.com/watch?v=ikFy64v_Vxk
