{
  "title": "Uganda: Technical Assistance Report-Strengthening Cash Management",
  "publication": "IMF Staff Country Reports, September 15, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236",
  "overlayPath": "/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/index.md",
  "summary": "This Technical Assistance Report discusses measures to strengthen cash management in Uganda. It recommends establishing a high-level cash management committee to provide the necessary authority to the Cash Policy Department (CPD) in maintaining its relationships, in constantly improving the cash flow forecasts, and in operating active cash management transactions. In the medium term, when cash flow forecasting has gained sufficient accuracy, the CPD must prepare for active cash management operations which will consist of short-term borrowing and investment. An appropriate cash buffer level also needs to be calculated which will define the necessary money market transactions to smooth government cash operations.",
  "publishDate": "2017-09-15",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- Discusses measures to strengthen cash management in Uganda.\n- Emphasizes establishing institutional authority and improving operational cash management practices."
    },
    {
      "heading": "Key findings",
      "content": "- The Cash Policy Department (CPD) requires sufficient authority to:\n  - maintain its relationships;\n  - constantly improve cash flow forecasts;\n  - operate active cash management transactions.\n- Cash flow forecasting accuracy is currently insufficient for active operations; improvements are required before medium-term operationalization.\n- An appropriate cash buffer level has not yet been defined and needs to be calculated to determine necessary money market transactions to smooth government cash operations."
    },
    {
      "heading": "Policy recommendations",
      "content": "- Establish a high-level cash management committee to provide necessary authority to the CPD.\n- Strengthen the CPD’s role in:\n  - maintaining relationships with counterparties and stakeholders;\n  - continuously improving cash flow forecasts;\n  - preparing for and operating active cash management transactions once forecasting accuracy permits.\n- In the medium term, prepare the CPD for active cash management operations consisting of short-term borrowing and investment.\n- Calculate an appropriate cash buffer level to define required money market transactions for smoothing government cash operations."
    },
    {
      "heading": "Operational sequencing and timing",
      "content": "- Short-term: establish governance (high-level cash management committee) and improve forecasting capabilities.\n- Medium term: when cash flow forecasting has gained sufficient accuracy, commence active cash management operations (short-term borrowing and investment) and implement calculated cash buffer-based money market transactions.\n\nInternational Monetary Fund. Fiscal Affairs Dept. \"Uganda: Technical Assistance Report-Strengthening Cash Management\", IMF Staff Country Reports 2017, 273 (2017), accessed 9/23/2026, https://doi.org/10.5089/9781484317686.002\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/bundle-manifest.json)",
    "Published: September 15, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484317686.002",
    "Discusses measures to strengthen cash management in Uganda.",
    "Emphasizes establishing institutional authority and improving operational cash management practices.",
    "The Cash Policy Department (CPD) requires sufficient authority to:",
    "Cash flow forecasting accuracy is currently insufficient for active operations; improvements are required before medium-term operationalization.",
    "An appropriate cash buffer level has not yet been defined and needs to be calculated to determine necessary money market transactions to smooth government cash operations.",
    "Establish a high-level cash management committee to provide necessary authority to the CPD.",
    "Strengthen the CPD’s role in:",
    "In the medium term, prepare the CPD for active cash management operations consisting of short-term borrowing and investment.",
    "Calculate an appropriate cash buffer level to define required money market transactions for smoothing government cash operations.",
    "Short-term: establish governance (high-level cash management committee) and improve forecasting capabilities.",
    "Medium term: when cash flow forecasting has gained sufficient accuracy, commence active cash management operations (short-term borrowing and investment) and implement calculated cash buffer-based money market transactions.",
    "**Country Report**"
  ],
  "related": [
    {
      "title": "Country Report",
      "role": "report",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/cr/2017/cr17273.pdf",
      "summary": {
        "path": "/-/media/files/publications/cr/2017/cr17273.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/cr/2017/cr17273.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/index.md",
    "json": "/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/index.json",
    "bundleManifest": "/en/publications/cr/issues/2017/09/15/uganda-technical-assistance-report-strengthening-cash-management-45236/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-23T13:21:14.537Z"
}