The national Budget for the Financial Year 2020/2021 is the first in the third phase of the National Development Plan (NDP) III which runs until 2025.
The budgetary allocations placed said priorities at the bottom with Agriculture sector getting 2.91 per cent, Tourism with 0.44 per cent while Energy and Mineral development which superintends over oil and gas is placed among the 10 in the Budget with 5.72 per cent.
While unveiling the Budget, Mr Matia Kasaija, the Finace minister, revealed: "The Agriculture sector plays a central role in Uganda's economy.
But NDPIII maintains that for successful implementation of its programmes, key development strategies such as; agro-industrialisation, fast-track oil, gas and mineral-based industrialisation, import replacement/promotion of local manufacturing, export promotion, harness the tourism potential, and provide a suitable fiscal, monetary and regulatory environment for the private sector to invest must be at the fore front.
Mr Kasaija cast the outlined priorities of the Third National Development Plan (NDPIII) FY2020/2021 to FY 2024/2025 at far bottom yet the plan is meant to guide the allocations.
