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Gov’t To Borrow Shs13Trn To Fund 2024/25 National Budget Amid Increasing Public Debt Concerns

The Minister of State for Finance (General Duties), Henry Musasizi (pictured) tabled the 2024/25 National Budget Framework Paper, highlighting Government’s intention to borrow over Shs13Trn to fund the  Shs52.722Trn budget in Financial Year 2024/25. The Minister revealed that the projected budget for 2024/25 would amount to Shs52.722Trn, compared to Shs52.736Trn approved budget for FY2023/24,

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