Uganda: Technical Assistance Report-PFM Climate Assessment: Public Investment and Fiscal Risks Management
Technical Assistance Reports, March 4, 2024
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- Uganda: Technical Assistance Report-PFM Climate Assessment: Public Investment and Fiscal Risks Management
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Bibliographic details
- Published: March 4, 2024
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798400268168.019
Overview
- Publication date: March 4, 2024
- Format: Technical Assistance Reports 2024, 012 (2024)
- Pages: 71
- DOI: https://doi.org/10.5089/9798400268168.019
- Issue: 012
- Series: Technical Assistance Report No. 2024/012
- Stock No: TAREA2024012
- ISBN: 9798400268168
- ISSN: 3005-4575
Executive summary and context
- Uganda has committed to an ambitious climate change mitigation and adaption agenda.
- The country has developed a framework to enhance climate change sensitivity across public financial management (PFM) and public investment management (PIM).
- The framework:
- clearly allocates responsibilities,
- enhances coordination,
- requires the identification of climate expenses in the budget documentation.
- Gaps remain in some key regulations, primarily on project appraisal.
- Several initiatives are in early stages of implementation and need further guidance and training.
- The Climate Public Investment Management Assessment proposes reforms across multiple areas, underscoring as priority areas project appraisal and selection, and budgeting and portfolio management.
Key findings
- The existing framework establishes institutional roles and coordination mechanisms for climate sensitivity in PFM and PIM.
- Budget documentation requirement: identification of climate expenses is mandated.
- Regulatory gaps: key regulations, primarily on project appraisal, are incomplete or insufficient.
- Implementation status: some initiatives are at early stages and require additional guidance and training.
Priority reform areas (as emphasized by the assessment)
- Project appraisal and selection
- Budgeting and portfolio management
Subject and keywords
- Subject: International organization, Monetary policy
- Keywords: climate change, public finance., public investment, Uganda
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International Monetary Fund. Fiscal Affairs Dept. "Uganda: Technical Assistance Report-PFM Climate Assessment: Public Investment and Fiscal Risks Management", Technical Assistance Reports 2024, 012 (2024).
Content in this bundle
- Tarea2024012