The document summarizes Uganda's 2013/2014 budget and economic outlook. Real GDP growth has improved to over 5% due to increased agricultural production and macroeconomic stability supported by prudent monetary and fiscal policies. However, challenges remain in allocating credit to priority sectors like agriculture and improving infrastructure. While public debt levels are manageable, integration into the East African monetary union could impact domestic borrowing. Global economic risks from slowing growth in China and issues in Europe could also impact Uganda's projected 6-7% GDP growth rates in the coming years. Continued macroeconomic stability and effective policy implementation will be important to buttress economic growth.