Kampala, Uganda – The Uganda Revenue Authority (URA) announced a historic revenue collection of UGX 31.6 trillion for the 2024/25 financial year, surpassing its UGX 31.3 trillion target by 0.84% and achieving robust year-on-year growth of 15.86%.
Thank you for reading this post, don't forget to subscribe!URA Commissioner General John R. Musinguzi hailed the achievement as a milestone in Uganda’s journey toward economic self-reliance, marking the third consecutive year the agency has exceeded revenue targets under his leadership. The surplus of UGX 265 billion above projections underscores this consistent performance.
“To every taxpayer who met their obligation: thank you for driving our nation forward. Your contribution funds critical development needs from infrastructure to healthcare and brings Uganda closer to self-reliance.” Musinguzi stated.
He specifically honored tax-compliant businesses, partners, and individuals as the backbone of Uganda’s economic transformation, stressing that the resulting surplus will directly support government priorities under the National Development Plan III (NDP III).
With UGX 31.6 trillion mobilized domestically, Uganda takes a significant stride toward funding its own development agenda.
The URA’s performance signals growing public trust in the tax system and sets a precedent for revenue agencies across Africa.
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