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Government Pushes Revenue Over Borrowing | Uganda News
The government’s 2027-2028 budget strategy zeroes in on seven bold shifts, with fiscal consolidation through revenue as the top priority—local governments must turbocharge industrialization to boost domestic income and reduce reliance on borrowing. By expanding the tax base, leveraging tech to close loopholes, and enforcing collection, they aim to fully fund the budget locally and avoid a debt crisis. Meanwhile, oil revenues will be managed transparently—with funds earmarked for transport and future reserves. But a major hurdle looms: the Lira Industrial Park’s land deals are frozen due to…
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