Kampala, Uganda – The Minister of State for Planning, Amos Lugoloobi, underscored the critical role of public investment management in driving national and socio-economic transformation.
Speaking at the 2nd Public Investment Management Conference, Lugoloobi emphasized that Uganda’s aspirations for a better future hinge on the ability to manage public investments in a strategic, efficient, and sustainable manner.
He reiterated the government’s commitment to enhancing the integration of medium-term expenditure frameworks, which are essential for aligning budgetary allocations with long-term development goals.
Lugoloobi also highlighted the importance of strengthening revenue mobilization efforts to ensure adequate funding for priority projects while rationalizing expenditures to focus on core national priorities.
“Our mandate is clear: we must continue to invest in Uganda’s future prudently, ensuring that every shilling yields meaningful and lasting returns,” the Minister stated.
He emphasized that effective public investment management focuses on maximizing impact, not just spending, and called for collaboration between the government, development partners, and the private sector to boost Uganda’s development.
As the country strives to realize its development agenda, Lugoloobi’s remarks reinforced the need for disciplined fiscal management and strategic investments that deliver tangible benefits for current and future generations.
The Ministry of Finance, Planning, and Economic Development (MoFPED-Uganda) remains at the forefront of these efforts, ensuring that public funds are utilized effectively to drive inclusive growth and prosperity.