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Ministry of Finance, Planning & Economic Development

Background

The Ministry of Finance, Planning and Economic Development derives its mandate and functions from the 1995 Constitution of the Republic of Uganda and other related subordinate laws, including; the Budget Act (2001), the Public Finance and Accountability Act (2003) and acts establishing agencies and auxiliary organisations.
Accordingly, the Ministry plays a pivotal role in the co-ordination of development planning; mobilisation of public resources; and ensuring effective accountability for the use of such resources for the benefit of all Ugandans.The Ministry discharges this responsibility in the context of her Vision, Mission, mandate and Functions.

Vision

A competitive Economy for National Development.

Mission

To formulate sound economic policies, maximize revenue mobilization, ensure efficient allocation and accountability for public resources and accountability for public resources so as to achieve the most rapid and sustained economic growth and development for Uganda. 

Mandate

To mobilize financial resources, regulate their management and formulate policies that enhance overall economic stability and development.

MoFPED

Key objectives

Maintain solid economic growth under a stable macro environment

Promote regional integration programmes and investments

Enhance revenue collection to finance the budget towards 25% of the GDP target.

To promote transparency and accountability for all public resources.