Ministry of Finance, Planning and Economic Development (Uganda)

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Ministry of Finance, Planning and Economic Development
Coat of arms of Uganda.svg
Coat of Arms of Uganda
Ministry overview
FormedJanuary 1, 1995 (1995-01-01)
TypeMinistry
Jurisdiction Government of Uganda
Headquarters2-12 Apollo Kaggwa Road, Central Division of Kampala, Uganda
Ministry executive
  • Matia Kasaija,
    Minister of Ministry of Finance, Planning and Economic Development
Website finance.go.ug

The Ministry of Finance, Planning and Economic Development (MoFPED) is a cabinet-level government ministry of Uganda. Its mandate is to formulate sound economic and fiscal policies, mobilize resources for the implementation of government programmes, disburse public resources as appropriated by Parliament, and account for their use in accordance with national laws and international best practices. [1] The cabinet minister of finance is Matia Kasaija. [2] MoFPED was created by the 1995 Constitution of Uganda and derives its power from the Constitution and related acts of parliament, including the 2001 Budget Act and the 2003 Public Finance and Accountability Act. The current Director of Economic Affairs in the Ministry of Finance, Planning and Economic Development of Uganda is Lawrence Kiiza.

Contents

History

MoFPED was created by the 1995 Constitution of Uganda, at the time, there were two departments: a Ministry of Finance (MoF) and a Ministry of Planning and Economic Development (MPED). By 1995, the government launched the Poverty Eradication Action Plan (PEAP) in order to prioritise poverty eradication. was formulated after a long consultative process with a wide range of stakeholders. The process was spearheaded by MPED. [3]

In 1998, the MoF and MPED were merged into the Ministry of Finance, Planning and Economic Development (MoFPED), which the World Bank noted was "critical in establishing fiscal discipline, while building links between policy formulation, planning, and budgeting". [4] The merger led to an emphasis on coordinating the budget process and introducing output-oriented budgeting within a medium-term expenditure framework. [5] Many of these early reforms had a "cutting-edge dimension"; Uganda was one of the first countries in Africa to adopt a semi-autonomous revenue agency (the Uganda Revenue Authority) as well as introduce medium-term budgeting. Implementation, however, had a lot of room for improvement. [6]

In 2010, MoFPED started receiving detailed project-by-project reports on budget allocations and quarterly expenditures from local governments through a digital budget reporting tool. However, local stakeholders, including elected representatives whose mandate it is to monitor service provision, are largely unaware of this information. In order to solve this issue, MoFPED partnered with Innovations for Poverty Action (IPA), the Overseas Development Institute (ODI), and Advocates Coalition for Development and Environment (ACODE) in 2014 to launch a Budget Transparency Initiative to make department, project-, and location-specific budget information available to politicians, opinion leaders, and the public as well as mobilize them to monitor and provide feedback on the spending and services provided by government institutions. [7]

Ministers of Finance

Structure

Finance ministries

The ministry is divided into the following political and administrative sub-divisions: [14] [2] [15]

MoFPED sub-agencies

MoFPED supervises the following government agencies: [16]

Autonomous government agencies

The ministry works closely with the following autonomous government agencies: [17]

See also

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References

  1. ↑ Keith Muhakanizi (6 October 2016). "Ministry of Finance, Planning and Economic Development: Welcome Message". Kampala: Uganda Ministry of Finance, Planning and Economic Development (MoFPED). Retrieved 6 October 2016.
  2. 1 2 Uganda State House (6 June 2016). "Museveni's new cabinet list At 6 June 2016" (PDF). Daily Monitor . Kampala. Retrieved 6 October 2016.
  3. ↑ Florence Kuteesa; Ishmael Magona; Maris Wanyera; James Wokadala (2006). "Uganda: A Decade of Budget Reform and Poverty Reduction". OECD Journal on Budgeting. 6 (2). ISSN   1608-7143.
  4. ↑ Beyond the Annual Budget: Global Experience with Medium-Term Expenditure Frameworks (PDF). Washington, DC: The World Bank. 2013. pp. 231–241. ISBN   978-0-8213-9627-8.
  5. ↑ Kuteesa, Florence (1 September 2010). "Budget Reforms in Uganda: From Vision to Reality - A Personal Account". Public Financial Management Blog. IMF. Retrieved 11 February 2018.
  6. ↑ Matt Andrews; Lawrence Bategeka (October 2013). Overcoming the Limits of Institutional Reform in Uganda (PDF). Harvard Center for International Development and UNU World Institute for Development Economics Research. ISBN   978-92-9230-688-5.
  7. ↑ Raffler, Pia (22 April 2015). "Budget Transparency and Political Oversight in Uganda". Innovations for Poverty Action. Retrieved 11 February 2018.
  8. ↑ "Who's who". A. & C. Black. September 3, 1968 – via Google Books.
  9. 1 2 3 4 5 6 7 8 "Uganda’s finance ministers since independence".
  10. ↑ "Amin called me from Kenya, gave me a job". Daily Monitor. 10 January 2021.
  11. ↑ "Prof. Ponsiano Mulema (RIP)". preciousinformine.
  12. 1 2 3 4 5 6 Buufu, Emma. "Why Uganda ranks highly in tax administration | supplements".
  13. ↑ "Multilateral Investment Guarantee Agency - Governors and Alternates" (PDF).
  14. ↑ MoFPED (7 October 2016). "Ministry of Finance, Planning and Economic Development (Uganda): Top Management". Kampala: Uganda Ministry of Finance, Planning and Economic Development (MoFPED). Retrieved 7 October 2016.
  15. ↑ MoFPED (2012). "Ministry of Finance, Planning and Economic Development (Uganda): Ministerial Policy Functions". Kampala: Uganda Ministry of Finance, Planning and Economic Development (MoFPED). Retrieved 18 October 2016.
  16. ↑ MoFPED (7 October 2016). "Ministry of Finance, Planning and Economic Development (Uganda): Auxiliary Institutions". Kampala: Uganda Ministry of Finance, Planning and Economic Development (MoFPED). Retrieved 7 October 2016.
  17. ↑ MoFPED (7 October 2016). "Ministry of Finance, Planning and Economic Development (Uganda): Autonomous Agencies". Kampala: Uganda Ministry of Finance, Planning and Economic Development (MoFPED). Retrieved 7 October 2016.

00°18′59″N32°35′10″E / 0.31639°N 32.58611°E / 0.31639; 32.58611

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