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🌍 𝑪𝑺𝑶 𝑩𝒖𝒅𝒈𝒆𝒕 𝑹𝒆𝒕𝒓𝒆𝒂𝒕 𝒐𝒏 𝒕𝒉𝒆 𝑵𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑩𝒖𝒅𝒈𝒆𝒕 𝑭𝒓𝒂𝒎𝒆𝒘𝒐𝒓𝒌 𝑷𝒂𝒑𝒆𝒓 (𝑵𝑩𝑭𝑷) Today @WDFUganda, we are pleased to join @CSBAGUGANDA and other Civil Society Organizations for the CSO Retreat on the National Budget Framework Paper. The 𝐍𝐁𝐅𝐏 is rooted in the Public Finance Management Act, outlines the Government’s strategy to link policies with the annual budget. This year’s theme focuses on “𝐅𝐮𝐥𝐥 𝐌𝐨𝐧𝐞𝐭𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐔𝐠𝐚𝐧𝐝𝐚`𝐬 𝐄𝐜𝐨𝐧𝐨𝐦𝐲 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞, 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐄𝐱𝐩𝐚𝐧𝐝𝐢𝐧𝐠 & 𝐁𝐫𝐨𝐚𝐝𝐞𝐧𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬, 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 & 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐜𝐜𝐞𝐬𝐬.” As we engage over the next two days, we emphasize the critical link between the 𝐅𝐘 2026/27 NBFP and the Fourth National Development Plan (𝐍𝐃𝐏 𝐈𝐕): ✅ The 𝐅𝐘 2026/27 𝐍𝐁𝐅𝐏 is the second in the implementation cycle of 𝐍𝐃𝐏 𝐈𝐕 aiming to align short-term budgeting with long-term development goals. ✅ Key macroeconomic objectives guiding this budget include: - Reducing poverty from 16.1% to 14% by 𝐅𝐘 2029/30 - Attaining double-digit economic growth to double 𝐆𝐃𝐏 by 𝐅𝐘 2029/30 - Maintaining single-digit inflation at 5% - Enhancing mineral sector management for economic diversification - Accelerating full monetization and economic inclusion - Creating an average of 884,962 new jobs annually over 𝐍𝐃𝐏 𝐈𝐕 - Keeping debt-to-𝐆𝐃𝐏 below 50% and reducing the fiscal deficit to 3% by 𝐅𝐘 2029/30 - Raising the revenue-to-𝐆𝐃𝐏 ratio toward 20% over 𝐍𝐃𝐏 𝐈𝐕 ✅ The preliminary resource envelope for 𝐅𝐘 2026/27 is projected at UGX 69.399 trillion, reflecting a 4.1% reduction from the current financial year. We look forward to contributing to meaningful dialogue over the coming days, advocating for a pro-people, inclusive and sustainable national budget. #WillingnessMatters #LocalRevenueUg #PeopleBudgeting #NBFP #NDPIV #BudgetTransparency #CSOsInUganda #EconomicInclusion #PublicFinance #UGFinance #CSBAGRetreat #LocalizationUg – at Kampala, Uganda