The Uganda Revenue Authority (URA) has posted a standout performance for the 2024/25 financial year, collecting UGX 31.63 trillion and exceeding its annual target by UGX 262.43 billion—a signal of robust economic momentum and increasingly effective tax administration.
The announcement came during a press briefing held in Kampala, where URA Commissioner General John Musinguzi Rujoki unveiled the final revenue figures, calling the achievement a testament to improved compliance and resilience in the domestic economy.
“This performance was driven by a stable and resilient economy during the year, improved administrative measures, and strong cooperation from our patriotic taxpayers,” said Rujoki.
The collected revenue represents 100.84% of the Ministry of Finance’s target of UGX 31.36 trillion, marking a year-on-year increase of UGX 4.33 trillion, or 15.86%, compared to the 2023/24 financial year.
Rujoki credited the success to innovations in tax systems, enhanced enforcement capabilities, and strengthened engagement with the business sector. He pointed to the increasing role of digital systems in transforming tax administration and supporting compliance.
In terms of revenue streams, gross domestic tax collections stood at UGX 21.25 trillion, surpassing the UGX 21.11 trillion target and resulting in a UGX 131.78 billion surplus. This represented 100.62% performance and a 15.59% growth compared to last year.
On the international trade front, the URA collected UGX 11.104 trillion in taxes, just above the UGX 11.054 trillion target. That’s a UGX 49.32 billion surplus, reflecting 100.45% of the projected revenue, largely driven by higher import volumes and intensified customs oversight.
“This performance was driven by a stable and resilient economy during the year, improved administrative measures, and strong cooperation from our patriotic taxpayers,” reiterated Rujoki.
Behind the numbers is an economy that’s steadily bouncing back. URA highlighted that Uganda’s GDP growth rate hit 6.7% mid-year, supported by expansions in both services and industry. The outlook suggests Uganda is poised to become one of Africa’s fastest-growing economies in the near future.
Looking ahead, the URA plans to sustain this trajectory by further modernizing its systems and scaling up taxpayer education. The authority emphasized its role in enabling national development and reducing reliance on external financing.
As Rujoki explained, this year’s performance lays a firm foundation for Uganda’s long-term fiscal sustainability and self-reliance.
