REMARKS BY THE PS/ST AT THE LAUNCH OF THE MOFPED STRATEGIC PLAN FY2025/26 – 2029/30

Wednesday, 18th February 2026



Hon. Ministers
The Head of Public Service & Secretary to Cabinet
Deputy Secretary to the Treasury
Heads of Affiliated Institutions
The Accountant General
The Internal Auditor General
Directors, Commissioners, and Staff of the Ministry of Finance, Planning and Economic Development,
Distinguished Guests, Ladies and Gentlemen.

It is my distinct honour and privilege to welcome you all to the official launch of the Ministry of Finance, Planning and Economic Development’s Strategic Plan for the period 2025/26 to 2029/30. Today marks a significant milestone in our collective journey to transform Uganda’s economy and realise the aspirations of Vision 2040.

Allow me to begin by expressing our deep appreciation to the Head of Public Service for accepting our invitation to this launch, and to all our partners, both within government, affiliated institutions, and the wider public service whose commitment and collaboration have been instrumental in shaping this Strategic Plan.

This Plan is not merely a document; it is a bold statement of intent and a practical roadmap for the next five years. It articulates our vision of “A Competitive Economy for National Development”. Our goal over the next five years is to “Establish and Sustain Fiscal Policy Credibility, Efficient Public Investment, and Coordinated Development Financing as the Foundation for Tenfold Economic Growth”, under the theme “Fostering Strategic Investments for Rapid and Inclusive Economic Growth.”

The Plan is built on six (6) pillars: -

1. Strengthening macroeconomic and fiscal policy credibility,
2. Mobilising and coordinating financing instruments to reduce the cost of capital and crowd in private sector investment,
3. Expanding and diversifying sustainable financing for development while preserving debt sustainability,
4. Strengthening public investment management for structural transformation,
5. Improving the efficiency, credibility, and development impact of public expenditure,
6. Building institutional capacity, systems, and data infrastructure for effective governance and delivery.

Our agenda is ambitious: to achieve average economic growth of at least 8%, reduce poverty, create new jobs, and sustain macroeconomic stability. We will prioritise flagship interventions such as financing oil and gas commercialisation, capitalising government development banks and financing schemes, supporting industrial transformation, empowering women entrepreneurs, and making the PDM more efficient to transition households into the money economy and profitable enterprises.

The success of this Plan will depend on timely execution, robust monitoring and evaluation, and most importantly, collaboration across all levels of the Ministry and with our stakeholders. We are committed to bold reforms, strengthening institutional capacity, and improving coordination to deliver on our mandate.

I wish to thank all those who contributed to the development of this Plan – our Ministers for their leadership, the staff of the Ministry for their dedication, and our affiliated institutions for their invaluable input and validation. Your collective effort has produced a Plan that is both visionary and actionable, grounded in evidence and aligned with the Fourth National Development Plan and global development commitments.

As we embark on this new chapter, I call upon each of you – the Directors, Commissioners, staff, and partners, to embrace the spirit of professionalism, teamwork, integrity, and innovation that defines our core values. Let us work together to implement this Plan with discipline, transparency, and a relentless focus on results.

I thank you all.

Published on: Wednesday, 18 February 2026

MOFPED