Ministry of Finance, Planning and Economic Development (Uganda)

The Ministry of Finance, Planning and Economic Development was created by the 1995 Constitution of Uganda and derives its power from the Constitution and related Acts of Parliament. Ministry offices are located in Kampala. Its name is abbreviated to "MoFPED". The current Minister of Finance, Planning and Economic Development is Hon. Kiwanuka Maria

Organization and operations

Projects

Auxiliary institutions and allied agencies

Institutions and agencies auxiliary to the ministry proper include:

  1. Uganda Insurance Commission
  2. Non-performing Assets Recovery Trust
  3. Non-performing Assets Recovery Tribunal
  4. Uganda National Council of Science and Technology
  5. Tax Appeals Tribunal (TAT) - a tax court.
  6. Population Secretariat
  7. Departed Asians Property Fund Custodian Board (DAPCB) - founded in 1973
  8. National Enterprise Corporation (NEC) - a multilateral national organization that includes representation from the military of Uganda
  9. Uganda Investment Authority - promotes, governs and advises direct investment within Uganda.
  10. Public Procurement and Disposal of Public Assets Authority
  11. Economic Policy Research Centre

Related institutions include:

Subministries

The mission of the Ministry is to formulate economic policy, plan economic growth, and to govern public spending, in Uganda. According to its website, its function is organized into six policy areas:

A Minister of Finance, Planning and Economic Development

Formulation of fiscal and monetary policies
Control and management of public finance
Prepare and lay before Parliament the Budget
Mobilise domestic and external resources
Accountability to the Parliament of Uganda

B Minister of State for General Duties

Deputising the Senior Minister
Parliamentary matters
Procurement matters
Departed Asians Property Custodian Board
Regional matters

C Minister of State for Planning

Spearheading economic planning and monitoring
Capacity building
Poverty eradication issues
Population matters, Statistics, Science and Technology issues
May deputise/represent/act for the Senior Minister

D Minister of State for Investment

Promotion of investment
Supervision of Uganda Investment Authority
Responsible for private sector issues
Capital Markets Authority
Any other official duties assigned by the Senior Minister

E Minister of State for Privatisation

Supervision of privatisation and parastatal reform programme
Any other official duties assigned by the Senior Minister

F Minister of State for Micro Finance and Enterprise Development

Development and implementation of Government's micro finance policy and regulation
Development of policies for community based enterprises
Any other official duties assigned by the Senior Minister

See also

External links