The Minister of Finance, Planning, and Economic Development Hon Matia Kasaija on Tuesday presented the Shs 48.13 trillion 2022/23 National budget with Transport, Security, PDM, and Education among the sectors with the biggest shares.

In the function held at Kololo ceremonial grounds in Kampala, this year’s National budget ran under the theme; ” Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access.”

According to the Minister, this theme summarises the National Budget Strategy and the priorities and is in line with that of the East African Community (EAC) which is “accelerating economic recovery and enhancing productive sectors for improved livelihood”
In an insight view of the budget, Uganda’s GDP per capita increased to USD 1,046 (Shs3.7 million) per person per year, while the size of the economy expanded to Shs162.1 trillion (USD 45.7 billion).

But during Kasaija’s speech, he never confirmed the middle income status recently approved by Museveni in his state of the nation address. This prompted Museveni to question why the Finance Minister had left out that vital aspect

SEE ALSO: Museveni to declare Uganda a middle income economy in today’s address

Budget allocations FY2022/23

Shs3.897 trillion improvement of security and security infrastructure

Shs1.059 trillion for Parish Development model

Shs1.432 trillion for Justice, law, and order

Shs381.6 billion judiciary

Shs95 billion for DPP

Shs876.4 billion for Uganda Police

Shs308.7 billion for Uganda Prisons Service

Shs79.4 billion for the office of the IGG

Shs628 billion to mitigate climate change

Shs564.39 billion boost agriculture production

Shs1.449 trillion agro industrialisation, standards and market entry

Shs194.7 billion tourism

Shs904.1 billion development and commercialisation of minerals, oil and gas

Shs1.027 trillion water and environment sub programme

Shs4.14 education and skilling

Shs274.4 billion advancing innovation

Shs4.3 trillion transport and infrastructure

Shs1.573 trillion power infrastructure

Shs124.2 billion digitalisation

Shs495 billion salaries of medical workers, scientists and science teachers

Shs5.1 trillion decentralisation, funding local government

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