Uganda:Technical Report - Public Investment Management Assessment

Author: International Monetary Fund. Fiscal Affairs Dept.

Uganda has achieved significant improvements in public investment management over the last few years.

Volume/Issue: Volume 2022 Issue 350

Publication date: November 2022

ISBN: 9798400224867

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Money and Monetary Policy , Public Finance , International - Economics , IMF methodology , Project cost adjustment , efficiency frontier , investment portfolio , IMF recommendation , maintenance funding , management reform , civil war , Public investment spending , Budget planning and preparation , Infrastructure , Sub-Saharan Africa

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Summary

Uganda has achieved significant improvements in public investment management over the last few years. The new IMF Public Investment Management Assessment (PIMA) report shows that Uganda is well ahead of its comparators in many aspects of public investment management, in particular in institutional design. A number of important measures have been undertaken, including giving the Development Committee a strong role as a gatekeeper for new investment proposals, the establishment of the Projects Analysis and Public Investment Department, and development of guidelines and manuals to improve the quality of project preparation and appraisal. Many reforms are fairly recent and are not fully institutionalized, so there is a clear need to continue and to further strengthen public investment management in Uganda. The IMF and other development partners are active partners to the government in pursuing these reforms.