Shs69.4T Budget Cuts to Curb Debt

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Uganda’s proposed 2026/27 budget cuts government spending by 4.1% to Shs69.4 trillion to improve debt sustainability and lower interest costs. The Finance Ministry will maintain funding for infrastructure, oil, and private sector development while reducing domestic borrowing to ease credit access. Recurrent services, including health, education, and local government operations, are subject to the planned spending reductions and efficiency measures.