Suvarna Garge (Editor)

Ministry of Finance, Planning and Economic Development (Uganda)

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Type
  
Ministry

Website
  
Homepage

Jurisdiction
  
Government of Uganda

Ministry of Finance, Planning and Economic Development (Uganda)

Formed
  
January 1, 1995 (1995-01-01)

Headquarters
  
2 - 12 Apollo Kaggwa Road Kampala, Uganda

Ministry executive
  
Matia Kasaija, Minister of Ministry of Finance, Planning and Economic Development

The Ministry of Finance, Planning and Economic Development (MoFPED) is a cabinet level government ministry of Uganda. It is mandated to formulate sound economic and fiscal policies. It is also responsible for the mobilization of resources for the implementation of government programmes. It is also responsible for the disbursement of public resources as appropriated by Parliament and accounted for in accordance with national laws and international best practice. The cabinet minister of finance is Matia Kasaija.

Contents

Location

The headquarters of the Ministry are located at 2 - 12 Apollo Kaggwa Road, in the Central Division of Kampala, the capital and largest city of Uganda. The coordinates of the ministry headquarters are 0°18'59.0"N, 32°35'10.0"E (Latitude:0.316389; Longitude:32.586111).

Overview

Was created by the 1995 Constitution of Uganda and derives its power from the Constitution and related acts of parliament. The ministry is divided into the following political and administrative sub divisions:

1. 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.

2. Minister of State for General Duties, currently Gabriel Ajedra Aridru. 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.

3. Minister of State for Planning, currently David Bahati This state minister is respnsible 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.

4. 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, (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.

5. Minister of State for Micro Finance and Enterprise Development, currently Haruna Kasolo Kyeyune 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.

Autonomous government agencies

The ministry works closely with the following autonomous government agencies.

  • Uganda Bureau of Statistics (UBOS)
  • Uganda Revenue Authority (URA)
  • Bank of Uganda (BOU)
  • Capital Markets Authority of Uganda (CMA)
  • National Planning Authority (NPA)
  • Uganda Property Holding (UPHL)
  • Uganda Development Bank Limited (UDBL)
  • Affiliated government agencies

    The following government agencies fall under the supervision of the ministry.

  • Insurance Regulatory Authority of Uganda (IRAU)
  • Uganda National Council of Science and Technology (UNCST)
  • The Microfinance Support Centre Limited
  • Tax Appeals Tribunal (TAT)
  • National Enterprise Corporation (NEC)
  • Public Procurement and Disposal of Public Assets Authority (PPDA)
  • Uganda Investment Authority (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
  • References

    Ministry of Finance, Planning and Economic Development (Uganda) Wikipedia