President Yoweri Museveni recently praised Matia Kasaija, Uganda’s longest-serving finance minister, highlighting his significant contributions to the country’s economic growth. Kasaija, who presented his eighth national budget, received commendations for his effective handling of Uganda’s finances.

Significant Achievements

During his tenure, Kasaija has overseen substantial investments in infrastructure, including the construction of oil and tourism roads, the Kampala-Entebbe Expressway, and various tarmacked roads. He has also managed upgrades at Entebbe International Airport and the development of Kabalega International Airport.

Addressing Public Debt

One of Kasaija’s notable achievements is maintaining Uganda’s debt at a sustainable level. Despite a rise in public debt to UGX 97.638 trillion by June 2024, Kasaija assures that investments have yielded positive returns, improving the country’s economic outlook.

Economic Recovery

Kasaija announced that Uganda’s economy has recovered from previous shocks, driven by value addition in agriculture, industrial growth, and innovations. He emphasized the budget’s focus on uplifting citizens from subsistence to the money economy, leveraging sectors such as commercial agriculture, industry, services, and ICT.

Support for the Youth

This budget specifically addresses the youth, offering opportunities for skill acquisition, financial access, and support for the creative industry. Kasaija aims to reduce unemployment and empower young Ugandans to lead productive lives.

In conclusion , President Museveni’s praise for Finance Minister Matia Kasaija underscores the minister’s effective leadership and dedication. Through strategic investments and a focus on sustainable development, Kasaija has played a crucial role in Uganda’s economic progress.