Uganda overhauls tax laws to finance $20bn budget

Uganda Finance Minister Matia Kasaija.

Photo credit: Pool

Uganda is betting on the overhauled tax laws to plug revenue leaks and boost domestic revenue collections, which have historically remained low.

While reading Uganda’s $20.1 billion budget for the financial year 2025/2026, Finance Minister Matia Kasaija announced high revenue targets for the tax body to finance 51.5 percent of the budget.