Public Dialogue: Financing Uganda’s Development Amidst Revenue Challenges

How to harness domestic savings like pension funds for national development. In Uganda’s case, the NSSF offers a vast pool of long-term capital that could be channeled towards public infrastructure investment. Infrastructure is the backbone of any thriving society, enabling connectivity and access to services. Pension funds can be harnessed for investment in infrastructure.
Attracting more foreign direct investments. Uganda is open to all forms of FDIs, including Greenfield and Brownfield investments. To foster foreign direct investments, the government has set out to establish fully serviced industrial parks to host foreign investors. However, this potential has not been fully tapped. Thus, there’s a need to fully utilise this potential source of public infrastructure development. Project financing through Public Private Partnerships (PPPs) has also emerged as an attractive source of financing public projects.