President Yoweri Kaguta Museveni met with The Rt. Hon. Baroness Chapman, the UK Minister of State for International Development and Africa, at State House in Entebbe. They discussed enhancing the longstanding partnership between Uganda and the UK, focusing on investment, trade, and economic cooperation.

The Government of Uganda has obtained €110.5 million (approximately Shs481 billion) from Standard Chartered Bank Uganda to finance the upgrading of the 115.8-kilometre Kitgum-Kidepo road, which is considered a strategic infrastructure project.

Uganda Airlines has finalized a significant agreement with Boeing to purchase 10 new aircraft, valued at around $985 million. The deal, which includes eight passenger jets and two converted freighters, was signed on June 10, 2026, at State House Entebbe in the presence of President Yoweri Museveni. This acquisition marks the largest fleet expansion for the airline to date.

Uganda's Finance Minister Henry Musasizi has introduced a five-pillar strategy aimed at transforming the country's economy into a USD 500 billion entity. During his first management meeting, he emphasized the need for a shift from gradual growth to a more rapid economic expansion, focusing on fiscal discipline and effective management of anticipated resources.

Uganda is poised for significant economic transformation with the introduction of the Tenfold Growth Strategy, as outlined in the Budget Speech for FY 2026/27. This strategy aims to propel the country towards becoming a 500-billion-dollar economy, marking a shift from incremental progress to ambitious growth. The government emphasizes a new approach focused on substantial economic leaps rather than gradual improvements, signaling a pivotal moment in Uganda's pursuit of prosperity.

The World Bank has identified several challenges facing Uganda's construction sector, including weak regulation, insufficient political commitment, a lack of skilled labor, and bureaucratic procurement processes. These issues are hindering the sector's potential to create jobs and stimulate economic growth, despite its contribution of 12 to 17 percent to the country's Gross Domestic Product (GDP).