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2 clusters · 4 sources · 28 days · First seen · Last updated

Fiscal policy and revenue management in Malawi and Uganda

Overview

In early September 2026, finance ministers in Malawi and Uganda emphasized the need for increased fiscal discipline and accountability to protect public resources and drive economic growth. In Malawi, Finance Minister Joseph Mwanamvekha called for integrity in tax collection and the implementation of measures to simplify filing procedures and expand export incentives.

In Uganda, Finance Minister Henry Musasizi initially urged accountants to provide evidence-based insights for effective budget execution. By late September, the focus in Uganda shifted toward specific legislative goals, with Musasizi calling on Members of Parliament to support broadening the national tax base. The government aims to increase the revenue-to-GDP ratio from 14.7% to 20% by the 2029/30 fiscal year as part of a ‘Tenfold Growth Strategy’ to reduce reliance on borrowing. To achieve this, the Uganda Revenue Authority plans to address challenges such as structural informality and the growth of the digital economy through enhanced taxpayer education and risk-based enforcement.

Entities

Henry Musasizi · Institute of Certified Public Accountants of Uganda · Joseph Mwanamvekha · John Rujoki Musinguzi · Parliament of Uganda

Timeline

  1. [BUSINESS] 2 sources
    Uganda Finance Minister urges tax base expansion to boost revenue

    Uganda's Finance Minister Henry Musasizi is calling for a broader tax base to raise the revenue-to-GDP ratio to 20% by 2029/30, aiming to reduce borrowing and support the nation's Tenfold Growth Strategy.

  2. [BUSINESS] 3 sources
    Malawi and Uganda ministers call for increased fiscal discipline

    Finance ministers in Malawi and Uganda are emphasizing the need for fiscal discipline, integrity in tax collection, and strategic accounting to ensure sustainable economic growth and public accountability.

Sources

businessfocus.co.ug · businessmalawi.com · ghanamma.com · ugmirror.com