The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has said government is targeting a major increase in Uganda’s exports under the Tenfold Growth Strategy through value addition and agro-industrialization.
Dr. Ggoobi revealed that government aims to raise exports from 12 percent to 50 percent of GDP by increasing the export value of agro-industrial products to 20 billion US dollars. He noted that the strategy also seeks to grow manufacturing exports and increase the share of medium and high-tech manufactured products.
He made the remarks while meeting private sector stakeholders to discuss off-take opportunities for grain commodities in Uganda. According to Dr. Ggoobi, the country must strengthen processing of agricultural products into finished goods that meet international market standards in order to increase competitiveness and boost exports.
The PSST added that government is working on mechanisms to ensure consistent production and supply of raw materials needed to sustain manufacturing industries. He also highlighted the impact of the Parish Revolving Fund, noting that Shs 3.78 trillion had been disbursed to 3.7 million beneficiaries by April 2026.
Beneficiaries have invested in livestock farming and crop production including maize and cassava, which are key raw materials for animal and fish feed manufacturing. Government, together with the Grain Council of Uganda, Pearl Bank, Pride Bank and Housing Finance Bank, has also established a Shs 176 billion facility to provide subsidized loans to large-scale commercial farmers growing maize, beans, sorghum, and animal fodder.
