The Permanent Secretary and Secretary to the Treasury (PSST), Dr. Ramathan Ggoobi, has announced that the Quarter Three expenditure limits for the Financial Year 2025/26 have been issued at a time when Uganda is enjoying sustained macroeconomic stability.
Speaking during the Q3 Press Briefing, Dr. Ggoobi noted that the country’s economy is experiencing strong growth, stable prices, and a steady exchange rate an outcome that contrasts sharply with previous election cycles that were often marked by inflationary pressures and currency volatility. He emphasized that the current stability is the result of deliberate and prudent economic management, achieved through close coordination between fiscal and monetary policies.
Dr. Ggoobi explained that the Q3 expenditure limits are guided by the government’s fiscal consolidation agenda, which prioritizes maintaining macroeconomic stability while enforcing strict fiscal discipline to support sustainable economic growth.
The briefing was attended by partners from the Budget Transparency Initiative (BTI), including the Civil Society Budget Advocacy Group Uganda, Uganda Debt Network, and Southern and Eastern Africa Trade, Information and Negotiations Institute Uganda. Representing civil society organisations, Mr. Pascal Muhangi, an economist at the Civil Society Budget Advocacy Group Uganda, commended the government for achieving macroeconomic stability and improving fiscal discipline. However, he also urged continued prudence in public financial management to safeguard these gains and ensure responsible use of public resources.
Below is the detailed report:
