2013/13 Theme
The journey continues: Towards socio-economic Transformation for Uganda.
Uganda’s economy rebounded significantly growing at 5.1% in FY2012/13. Inflation was recorded at 3.6% as at end May 2013 and the value of the Uganda shilling against major currencies is improving.
Key Indicators
Sovereign rating-Standard and Poor’s B+
GDP 6.0% (5.1% for 2012/13)
Inflation 3.6% (May 2013)
2013/2014 Sector Priorities
- Infrastructure development (Energy & transport)
- Enhance scientific Innovation for industrialisation and private sector competitiveness
- Support increased agricultural production and productivity
- Enhancing the quality of education, health and water
- Enhance transparency and accountability
Resource Envelope
|
Source |
Amount (Trillion) |
|
Uganda Revenue Authority |
8.5 |
|
Non-Tax revenue |
0.3 |
|
Government securities |
1.04 |
|
Savings |
0.70 |
|
Total domestic |
10.54 |
|
External financing |
2.70 |
|
Total resource envelope |
13.24 |
Priorities in Budget Allocations
Sectors with high budget allocations include the following;
|
Sector |
Amount(Trillion) |
|
Works and transport |
2.3 |
|
Education |
1.8 |
|
Energy and mineral development |
1.7 |
|
Public sector management |
1.1 |
|
Security |
1.04 |
|
Health |
0.96 |
|
Total |
8.90 |
New TaxesThe total budget allocation of 8.9 trillion is 67% percentage of the total budgeted expenditure of 13.1 trillion.
- Tax on gambling
- VAT on water , wheat flour and hotel accommodation
- 10% levy on mobile money transfer
- International call tax