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Uganda, Rwanda and Tanzania joined Kenya in unveiling their 2025/26 budget, focusing on driving investments and rationalizing public expenditure.
Other EAC member countries like Burundi, South Sudan, Democratic Republic of Congo and the latest entrant, Somali,a did not read their budget statements on June 12th due to overlapping fiscal year-end dates, security and political reasons.
In Uganda, Finance Minister Matia Kasaija announced a Ksh 2.5 trillion budget, which is Ksh 7.2 billion more from the earlier projection, underscoring a significant fiscal expansion aimed at propelling the nation’s growth.
Out of this year’s budget, Ksh 982.8 billion has been earmarked to service Uganda’s debt, with Ksh 360.72 billion being set aside for domestic refinancing while Ksh 1.1 trillion will go towards capital development.
In Tanzania, Finance Minister Mwighulu Ncheba unveiled a Ksh 2.84 trillion budget, which is a 13.4pc increase from the 2024/25 estimates.
The Finance Minister has said the government will spend about Ksh 970.81 billion for recurrent expenditure and Ksh 37.89 billion shillings for development expenditure, especially for the revamp of existing stadia and building of new ones in preparation for AFCON 2027.
Rwanda’s Finance Minister Yusuf Murangwa outlined an expenditure plan of Ksh 635 billion for the 2025/26 financial year.
Under the plan, Kigali expects to spend an additional Ksh 108.9 billion, which is a 21pc increase compared to the Ksh 526.4 billion for the current financial year.
Key priority areas include the construction of a new airport in Busegera, as well as agriculture, education, healthcare, housing, and improving electricity connectivity.
The Rwandan government expects to collect Ksh 372.1 billion in domestic revenues, accounting for 58pc of the budget.
