Revenue mobilization is the financial backbone of Uganda’s NDP IV and the 10-fold Growth Strategy. To achieve the double-digit growth targets required for the 2025–2030 period, government aims to increase the tax-to-GDP ratio from approximately 14% to 20%. This shift is designed to create a self-sustaining fiscal environment, reducing debt dependency while funding critical ATMS sectors—Agro-industrialization, Tourism, Mineral development, and Science/Technology, which are the primary drivers of the upcoming development cycle.

In FY2024/25, the Uganda Revenue Authority (URA) collected a record Ushs 31.63 trillion, representing a 15.86% growth and surpassing targets. This performance was anchored by a 6.7% GDP growth rate and significant contributions from PAYE and VAT. For the first year of NDP IV (FY2025/26), government has further raised the bar with a target of Ushs 36.74 trillion, signalling an aggressive push to capture the dividends of a maturing formal economy and a burgeoning industrial sector.

To meet these ambitious goals, government is leveraging the Domestic Revenue Mobilization Strategy (DRMS), centered on digitalizing the tax ecosystem. Systems like EFRIS (Electronic Fiscal Receipting) and Digital Tax Stamps have already modernized collection, while the integration of URA data with banking and utility records aims to formalize the large informal sector. By expanding the tax base and maximizing returns from the mineral sector—projected to grow from 1.9% to 7.9% of GDP—Uganda is positioning its domestic resources as the primary engine for its 2030 transformation.