The Ministry of Finance, Planning and Economic Development (MoFPED) is a

cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filing ...

-level government ministry of

Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

. 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 In modern politics, and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...

, and account for their use in accordance with national laws and international best practices. The cabinet minister of finance is Matia Kasaija. MoFPED was created by the 1995

Constitution of Uganda The Constitution of Uganda is the supreme law of Uganda. The fourth and current constitution was promulgated on 8 October 1995. It sanctions a republican form of government with a powerful President. First constitution (1962–1966) The first co ...

and derives its power from the Constitution and related acts of

parliament In modern politics, and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...

, including the 2001 Budget Act and the 2003 Public Finance and Accountability Act.

History

MoFPED was created by the 1995

, 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. In 1998, the MoF and MPED were merged into the Ministry of Finance, Planning and Economic Development (MoFPED), which the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

noted was "critical in establishing fiscal discipline, while building links between policy formulation, planning, and budgeting". The merger led to an emphasis on coordinating the budget process and introducing output-oriented budgeting within a medium-term expenditure framework. 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 The Uganda Revenue Authority (URA) is a government revenue collection agency established by the Parliament of Uganda. Operating under the Ministry of Finance, Planning and Economic Development, the URA is responsible for enforcing, assessing, ...

) as well as introduce medium-term budgeting. Implementation, however, had a lot of room for improvement. 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 Innovations for Poverty Action (IPA) is an American non-profit research and policy organization founded in 2002 by economist Dean Karlan. Since its foundation, IPA has worked with over 400 leading academics to conduct over 600 evaluations in 51 c ...

(IPA), the

Overseas Development Institute ODI (formerly the 'Overseas Development Institute') is a global affairs think tank, founded in 1960. Its mission is "to inspire people to act on injustice and inequality through collaborative research and ideas that matter for people and the p ...

(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.

Ministers of Finance

* Christopher George Frederick Frampton Melmoth, 1956 - 1961 *

Lawrence Sebalu Lawrence may refer to: Education Colleges and universities * Lawrence Technological University, a university in Southfield, Michigan, United States * Lawrence University, a liberal arts university in Appleton, Wisconsin, United States Preparato ...

, July 1961 - March 1962 * Christopher George Frederick Frampton Melmoth, March 1962 - April 1962 * Amos Sempa, April 1962 - 1964 * Lawrence Kalule Settala, 1964 - January 1971 * Emmanuel Blayo Wakhweya, January 1971 - 1975 *

Moses Ali Moses Ali (born 5 April 1939) is a Ugandan politician and retired military officer. He is the Second Deputy Prime Minister and Deputy Leader of Government Business in Parliament. He previously served in the Cabinet of Uganda as Third Deputy Prime ...

, 1977 - 1978 * Jumba Masagazi, 1978 - April 1979 * Sam Sebagereka, April 1979 – June 1979 * Jack Sentongo, June 1979 – May 1980 *

, May 1980 * Apollo Milton Obote, December 1980 – July 1985 *

Abraham Waligo Abraham Waligo (28 July 1928 – 6 March 2000) was the 4th Prime Minister of Uganda from 25 August 1985 to 26 January 1986. Biography Waligo studied electrical engineering in South Africa and the United Kingdom. After graduating in 1955, he wa ...

, July 1985 – January 1986 * Ponsiano Mulema, January 1986 - September 1986 *

Crispus Kiyonga Crispus Walter Kiyonga (born 1 January 1952), whose first name is sometimes spelled Chrispus, is a Ugandan physician, politician and diplomat, who serves as Uganda's Ambassador to China, based in Beijing. He previously served as the Minister of ...

, September 1986 - February 1992 *

Jehoash Mayanja Nkangi Jehoash Ssibakyalyawo Mayanja Nkangi or Joash Mayanja Nkangi (22 August 1932 – 6 March 2017) was a Ugandan lawyer, civil servant and politician. At the time of his death, he was the immediate past chairman of the Uganda Land Commission. He ...

, February 1992 - May 1998 * Gerald Ssendaula, 1998 - 2005 * Ezra Suruma, 2005 - February 2009 * Syda Bbumba, 2009 - 2011 *

Maria Kiwanuka Maria Kiwanuka (born 12 May, 1955) is a Ugandan economist, businesswoman and politician who served as Minister of Finance in the Cabinet of Uganda from 27 May 2011 to 1 March 2015. Since 2015 she has been Senior Advisor to the President of Ugand ...

, 2011 - 2015 * Matia Kasaija, 2015 -

Structure

Finance ministries

The ministry is divided into the following political and administrative sub-divisions: * Minister of Finance, Planning and Economic Development, currently Matia Kasaija. The minister is responsible for (a) Formulation of fiscal and monetary policies (b) Control and management of public finance (d) Prepare and lay before Parliament the Annual Budget (e) Mobilise domestic and external resources and (f) Responsible for accountability to the

Parliament of Uganda The parliament of Uganda is the country's legislative body. Unicameral, the most significant of the Ugandan parliament's functions is to pass laws that will provide good governance in the country. The government ministers are bound to answer t ...

. * Minister of State for General Duties, currently

Gabriel Ajedra Aridru Gabriel Gadison Ajedra Aridru is a Ugandan civil engineer and politician. He was the State Minister of Finance for General Duties in the Cabinet of Uganda, from 6 June 2016 until 3 May 2021. Prior to that, from 12 August 2012, until 6 June 2 ...

. The minister of state is responsible for (a) deputising the Senior Minister, (b) responsible for parliamentary matters (c) responsible for procurement matters (d) responsible for the Departed Asians Property Custodian Board and (e) responsible for regional matters. * Minister of State for Planning, currently

David Bahati David Bahati (born 8 June 1973) is a Ugandan accountant and politician. He is the Minister of State for Trade, Industry and Cooperatives in the Cabinet of Uganda. He was appointed to that position in a cabinet reshuffle on 9 June 2021. He was ...

. This state minister is responsible for (a) spearheading economic planning and monitoring (b) capacity building (c) poverty eradication issues (d) population matters, statistics, science and technology issues and (e) may deputise/represent/act for the Senior Minister. * Minister of State for Privatization and Investment, currently Evelyn Anite. The state minister for privatisation is responsible for (a) promotion of investment, (b) supervision of

Uganda Investment Authority The Uganda Investment Authority (UIA) is a semi-autonomous investment promotion and facilitation organisation in Uganda and is owned by the government of Uganda. Location The headquarters of UIA are located at The Investment Center, The Investm ...

, (c) responsible for private sector issues (d) responsible for the Capital Markets Authority (e) responsible for supervision of privatization and the parastatal reform program and (f) may perform any other official duties assigned by the Senior Minister. * Minister of State for Micro Finance and Enterprise Development, currently

Haruna Kasolo Kyeyune Haruna Kasolo Kyeyune is a Ugandan politician. He is the State Minister for Microfinance in the Ugandan Cabinet. He was appointed to that position on 6 June 2016. He concurrently served as the elected parliamentary representative for Kyotera Cou ...

. This state minister is responsible for (a) development and implementation of government's micro finance policy and regulation (b) development of policies for community based enterprises and (c) may perform any other official duties assigned by the Senior Minister.

MoFPED sub-agencies

MoFPED supervises the following government agencies: *

Insurance Regulatory Authority of Uganda The Insurance Regulatory Authority of Uganda (IRAU) is a government agency mandated to "ensure the effective administration, supervision, regulation and control of the business of Insurance in Uganda". Location The headquarters of IRAU are locate ...

(IRAU) * Uganda National Council of Science and Technology (UNCST) * The Microfinance Support Centre Limited * Tax Appeals Tribunal (TAT) *

National Enterprise Corporation The National Enterprise Corporation (NEC) is a state-owned corporation in Uganda. It is the commercial arm of the Uganda People's Defence Force. NEC was established in 1989 by an Act of the Parliament of Uganda. Its investments and activities i ...

(NEC) * Public Procurement and Disposal of Public Assets Authority (PPDA) *

(UIA) * Economic Policy Research Centre (EPRC) * The Population Secretariat * Departed Asians Property Custodian Board (DAPCB) * Non-Performing Assets Recovery Trust * Non-Performing Assets Recovery Tribunal

Autonomous government agencies

The ministry works closely with the following autonomous government agencies: *

Uganda Bureau of Statistics The Uganda Bureau of Statistics ("UBOS") is an agency of the Ugandan government. Formed by the Uganda Bureau of Statistics Act, 1998, the agency is mandated to "coordinate, monitor and supervise Uganda's National Statistical System". Location ...

(UBOS) *

(URA) *

Bank of Uganda The Bank of Uganda ( sw, Benki Kuu ya Uganda) is the central bank of Uganda. Established in 1966, by Act of Parliament, the bank is wholly owned by the government but is not a government department. History In 1979 and again in 1987, the Ba ...

(BOU) *

Capital Markets Authority of Uganda The Capital Markets Authority of Uganda (CMA) is a semi-autonomous government body responsible for the financial regulation of the capital markets industry in Uganda. Overview The CMA approves the offers of all securities to the public and lic ...

(CMA) * National Planning Authority (NPA) * Uganda Property Holding (UPHL) *

Uganda Development Bank Limited The Uganda Development Bank Limited (UDBL) is a government-owned development bank in Uganda. Overview UDBL which began operating in 1972, was the first development finance institution established by the government of Uganda. The main object ...

(UDBL)

References

External links

Ministry of Finance, Planning and Economic DevelopmentMinistry of Finance, Planning and Economic Development - Directory of auxiliary institutions to the Ministry
{{DEFAULTSORT:Ministry Of Finance, Planning And Economic Development (Uganda) Economy of Uganda Government ministries of Uganda

Organisations based in Kampala Uganda, Finance, Planning and Economic Development

Government finances in Uganda