Uganda: Technical Report - Public Investment Management Assessment

IMF Staff Country Reports, November 23, 2022

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Uganda has achieved significant improvements in public investment management over the last few years.
The 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:
- giving the Development Committee a strong role as a gatekeeper for new investment proposals,
- the establishment of the Projects Analysis and Public Investment Department,
- development of guidelines and manuals to improve the quality of project preparation and appraisal.
Many reforms are fairly recent and are not fully institutionalized, indicating a clear need to continue and further strengthen public investment management in Uganda.
The IMF and other development partners are active partners to the government in pursuing these reforms.

Development Committee assigned a strong gatekeeper role for new investment proposals.
Projects Analysis and Public Investment Department established to support project appraisal and oversight.
Guidelines and manuals developed to improve project preparation and appraisal quality.
Institutional design strengths place Uganda ahead of comparators in many PIMA dimensions.

Recent reforms are not fully institutionalized.
Continued efforts are needed to consolidate reforms and strengthen public investment management systems.

The IMF and other development partners are actively supporting the government in implementing public investment management reforms.