Uganda:Technical Assistance Report-Strengthening the Performance of Public Investment Management–Next Phase

Author: International Monetary Fund. Fiscal Affairs Dept.

Technical Assistance Report-Strengthening the Performance of Public Investment Management–Next Phase

Volume/Issue: Volume 2019 Issue 294

Publication date: September 2019

ISBN: 9781513513843

$20.00

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Topics covered in this book

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Public Finance , ISCR , CR , project information , data base , investment project , line item , DC guideline , feasibility study , IBP Phase , project inception procedure , data migration , PIM system , preparation process , project methodology , analysis process , budget year , Public investment and public-private partnerships (PPP) , Public investment spending , Budget planning and preparation , Legal support in revenue administration , Global

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Summary

This Technical Assistance report on the Uganda focuses on strengthening the performance of public investment management – next phase. Significant progress has been achieved since 2015 in strengthening public investment management, with the reforms showing first results. New procedures need to be designed to refresh project information and assess the status of ongoing projects. With better information, a robust prioritization process of ongoing and new projects within the medium-term envelope should be implemented. Discussions with Ministries, Departments and Agencies, and the mission’s analysis of the upgraded project data identified inconsistencies between projects’ planned use of resources, approved project budgets and the medium-term resource envelope. Reliable and updated information on project forward estimates and commitments like signed contracts and certificates of work is fundamental for ensuring sufficient and timely funding of projects. Recent strengthening of Public Investment Management processes has been accomplished with limited changes to the legal framework.