• Latest
Minister Lugoloobi Says NDP IV Crucial for Uganda’s Economic Future

Minister Lugoloobi Says NDP IV Crucial for Uganda’s Economic Future

2 years ago
King Oyo’s Final Farewell: Kabaka Urges Tooro to Remain United and Calm

King Oyo’s Final Farewell: Kabaka Urges Tooro to Remain United and Calm

2 hours ago
King Oyo Laid to Rest at Karambi Royal Tombs in Fort Portal City

King Oyo Laid to Rest at Karambi Royal Tombs in Fort Portal City

3 hours ago
Uhuru Kenyatta Eulogises Tooro King Oyo, Deems His Passing a Loss to Region

Uhuru Kenyatta Eulogises Tooro King Oyo, Deems His Passing a Loss to Region

5 hours ago
King Oyo to be Laid to Rest Today

King Oyo to be Laid to Rest Today

13 hours ago
Two Decades of Impact: How MSC Supported SAO Zirobwe SACCO is Transforming Luweero

Two Decades of Impact: How MSC Supported SAO Zirobwe SACCO is Transforming Luweero

13 hours ago
From Scarcity to Scale: How MSC and Zebra SACCO are Changing the Lives of Young Men and Women in Bombo

From Scarcity to Scale: How MSC and Zebra SACCO are Changing the Lives of Young Men and Women in Bombo

13 hours ago
SoftPower News
Saturday, September 12, 2026
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Minister Lugoloobi Says NDP IV Crucial for Uganda’s Economic Future

by Muhamadi Byemboijana
May 29, 2024
Minister Lugoloobi Says NDP IV Crucial for Uganda’s Economic Future
178
VIEWS

The Minister of State for Planning, Amos Lugoloobi, has announced that the National Development Plan IV (NDP IV) should be ready by September 2024. This plan will inform the country’s macroeconomic framework and budgeting processes for the fiscal year 2025/26.

NDP IV is the fourth out of six National Development Plans (NDPs) designed to implement Uganda Vision 2040. It is also the last plan to deliver the Global Agenda 2030 of the Sustainable Development Goals (SDGs) and the first within the implementation of the government’s strategy for achieving ten-fold growth.

Related Stories

King Oyo’s Final Farewell: Kabaka Urges Tooro to Remain United and Calm

King Oyo Laid to Rest at Karambi Royal Tombs in Fort Portal City

Uhuru Kenyatta Eulogises Tooro King Oyo, Deems His Passing a Loss to Region

The goal of NDP IV is to achieve higher household incomes and employment for sustainable socio-economic transformation, under the theme “Sustainable Industrialization for Inclusive Growth, Employment, and Wealth Creation.”

Speaking at the National Planning Conference, Minister Lugoloobi stated that the strategic direction for NDP IV was approved by Cabinet in March 2024, aligning with the strategy of growing the economy ten-fold. He revealed that the government expects NDP IV (2025/26-2029/30) to provide pathways to attaining the much-desired double-digit growth.

In his remarks, the Permanent Secretary and Secretary to the Treasury (PSST), Ramathan Ggoobi, explained that the government has introduced the concept of Indicative Planning Figures (IPFs) to ensure that NDP IV is fiscally realistic with more effective allocation of limited resources.

Ggoobi emphasized that IPFs represent a step towards ensuring the efficient use of government resources, safeguarding ongoing commitments, and strategically addressing new priorities in line with the ten-fold growth strategy. He highlighted the importance of carrying forward critical projects such as the standard gauge railway (SGR) and oil projects within NDP IV.

He stressed the need for prudent and effective planning in developing NDP IV, ensuring that development plans are based on available resources and aligning resources with revenue forecasts to maintain financial stability. He warned against overambitious projections and underfunded priorities.

Ggoobi encouraged programme leaders to focus on developing detailed Programme Implementation Action Plans (PIAPs) with clear resource allocations. He also called for effective coordination and collaboration between the government and development partners to maximize resource utilization and minimize duplication of efforts.

The government plans to achieve NDP IV through five strategic objectives:

Sustainably increasing production, productivity, and value addition in agriculture, minerals, oil & gas, tourism, ICT, and financial services.

Enhancing human capital development. Supporting the private sector to drive growth. Building and maintaining strategic sustainable infrastructure.

Strengthening good governance, security, and the role of the state in development.

Meanwhile, Lucy Nakyobe, the head of Public Service, noted that the government will prioritize selecting a few high-impact growth-enhancing projects over a consortium of projects. She emphasized that the benefits of these high-impact projects, in terms of enhancing household incomes, wealth creation, and job creation for Ugandans, should outweigh the costs of invested public funds.

“This will be achieved by implementing the Public Investment Management System (PIMS) reforms, improving governance of project selection, enforcing competitive processes for contractors, and minimizing costs associated with lengthy and cumbersome procurement processes,” she said.

Charles Olwenyi Ojok, Deputy Executive Director of the National Planning Authority (NPA), revealed that NDP IV will guide future national budgets and other decentralized plans.

Tags: Amos LugoloobiNPARamathan GgoobiSoft PowerSoftPowerSoftPower NewsTop NewsTop News UgandaTop Uganda NewsUganda

Recent Stories

King Oyo’s Final Farewell: Kabaka Urges Tooro to Remain United and Calm

King Oyo Laid to Rest at Karambi Royal Tombs in Fort Portal City

Uhuru Kenyatta Eulogises Tooro King Oyo, Deems His Passing a Loss to Region

King Oyo to be Laid to Rest Today

Two Decades of Impact: How MSC Supported SAO Zirobwe SACCO is Transforming Luweero

From Scarcity to Scale: How MSC and Zebra SACCO are Changing the Lives of Young Men and Women in Bombo

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?