Committee on National Economy (Uganda)

The Committee on National Economy is a standing committee of the Parliament of Uganda. It scrutinizes and oversees the national economy, including public borrowing, macroeconomic policy, and financing proposals submitted by the executive and reports its findings and recommendations to the Parliament.^[1][2]

Under the Parliament’s Rules of Procedure, the committee reviews, considers, and scrutinizes all matters relating to the national economy. Its remit includes analysis of loan and guarantee requests, evaluation of their terms and impact, monitoring of implementation, and reporting to Parliament.^[2][3] The committee is responsible for reviewing borrowing proposals, assesses macroeconomic implications, and advises the Parliament on economic policy choices.^[4]

The committee is classified as a standing committee. Standing committees are reconstituted every two and a half years and typically comprise about 30 members selected by party whips.^[5]

The Parliament maintains an official roster of members and leadership for the committee. Recent listings identify John Bosco Ikojo as chairperson, with other members drawn from multiple parties and regions. The Parliament’s site also hosts the current membership list as a downloadable attachment.^[6][7]   NRM (34)   NUP (3)   FDC (4)   DP (2)   UPC (1)   Independents (9) = 53 members

The committee routinely considers government borrowing and related economic measures. In September 2025 it called for a review of a proposed €183.3 million loan for water and sanitation and an associated domestic Treasury Bill, after examining terms and project design. The next day Parliament adopted the borrowing proposal.^[9][10]

Uganda’s public debt has grown steadily over recent years, driven by external financing for infrastructure and increasing domestic borrowing, according to the Bank of Uganda’s State of the Economy Report.^[11] The Ministry of Finance, Planning and Economic Development reports that public debt rose during the 2023–2024 and 2024–2025 financial periods, with Treasury bonds and Treasury bills contributing significantly to the domestic debt portfolio.^[12] Under Rule 184 of the Rules of Procedure of the Parliament of Uganda, all government loan and guarantee requests must be referred to the Committee on National Economy, which assesses their economic implications before they are considered by the House.^[13]

The committee operates under the Rules of Procedure of the Parliament of Uganda, issued under article 94 of the Constitution. The rules set out the establishment, composition, and functions of standing committees, including the Committee on National Economy. Updated instruments and consolidated rulebooks are published by Parliament and in Uganda’s legal information repositories.^[2][14]

• Parliament of Uganda
• Public Accounts Committee (Uganda)