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PUBLIC FINANCIAL MANAGEMENT REFORMS in UGANDA

PUBLIC FINANCIAL MANAGEMENT REFORMS in UGANDA. A PRSC PERSPECTIVE M ARIUS K OEN Financial Management Unit AFRICA: OPERATIONAL QUALITY & KNOWLEDGE SECTOR. SUMMARY OF PRESENTATION. Nature of the PRSC Structure of the PRSC Program Main Actors in the PFM-sector

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PUBLIC FINANCIAL MANAGEMENT REFORMS in UGANDA

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  1. PUBLIC FINANCIAL MANAGEMENT REFORMS in UGANDA A PRSC PERSPECTIVE MARIUS KOEN Financial Management Unit AFRICA: OPERATIONAL QUALITY & KNOWLEDGE SECTOR Budget Management & Financial Accountability Course

  2. SUMMARY OF PRESENTATION • Nature of the PRSC • Structure of the PRSC Program • Main Actors in the PFM-sector • Historical perspective of PFM Analytics supporting reforms • Salient successes & achievements during the PRSC Program • Developments influencing the direction of the PFM-reform program • Challenges for the sector Budget Management & Financial Accountability Course

  3. NATURE OF THE PRSC in UGANDA A Grant/Credit of $150 mil. - Poverty Red. Support Opertn. • Annual, but based on a long-term perspective for poverty reduction • Support UG Poverty Eradication Action Plan (PEAP) • Emphasize service delivery & rural development (results-oriented, focused on outcomes benefiting the poor) • Partnership-oriented involving coordination of DPs ADJUSTMENT OPERATION SUPPORTED BY MOST DEV. PARTNERS Budget Management & Financial Accountability Course

  4. STRUCTURE OF THE PRSC PROGRAM PILLAR 1: Framework for Econ. Growth & Structural Transformation PILLAR 2: Good Governance & Security PILLAR 3: Enhance Ability of Poor to Raise their Incomes PILLAR 4: Increasing Quality of Life of the Poor OTHER FOCUS AREAS • Infant & Maternal Mortality Rates • Gender Issues • Results Orientation (M&E) Budget Management & Financial Accountability Course

  5. MAIN ACTORS IN THE PFM-SECTOR COORDINATED BY PEMCOM • Ministry of Fin, Planning & Economic Dev. (MoFPED) • Accountant General’s Office • Treasury/Accounts Dept. • Internal Audit • Treasury Inspectorate • Office of the Auditor General • Min.of Local Govt. Inspectorate Deptartment • Ministry of Public Service • Development Partners Budget Management & Financial Accountability Course

  6. HISTORICAL PERSPECTIVE OF PFM ANALYITCS SUPPORTING REFORMS • CFAA & CPAR issued January 2001 • HIPC Tracking Assessment in Fall 2001 • HIPC Update in 2002 • PEAP revision October 2003 (Govt. driven) Budget Management & Financial Accountability Course

  7. SALIENT SUCCESSES & ACHIEVEMENTS DURING THE PRSC PROGRAM • Strengthened Legal & Regulatory Framework • Info on Actual Spending on Frontline Basic Services using Expenditure Tracking Surveys • Established a PFM Sector Committee - PEMCOM • Procured IFMS • Quality & Timely Audited Accounts (Central Govt.) • Improved Chart of Accounts (MDAs & LAs) & IPSAS • Improved CCS (AOs fully responsible under PFAA) • Capacity Building (EFMP II, LGDP & FAP) • Training programs • Employment of graduates (support team) Budget Management & Financial Accountability Course

  8. SALIENT SUCCESSES & ACHIEVEMENTS DURING THE PRSC PROGRAM (cont’d) • Improved Fin Reporting and Auditing at LA’s • Strengthened & Professionalised Internal Audit • Strengthened Capacity in OAG • Audit techniques • Training programs • VFM audits • IFMS preparation • Agreed Audit Strategy for over 900 (sub-counties) • Strengthened Capacity in PAC • Strengthen Accountability: Issuing Treasury Memo’s • Regularized Unreconciled Accounts with BOU Budget Management & Financial Accountability Course

  9. DEVELOPMENTS INFLUENCING THE DIRECTION OF THE PFM-REFORMS • Govt. PEAP Update of Oct 2003 to be finalised in 2004 • Updated CFAA, & CPAR in January 2004 • HIPC Tracking Assessment Update in Feb 2004 • DFID Fiduciary Risk Assessment in Feb/March 2004 • CIFA will take from CFAA,CPAR, PER, & HIPC. One consolidated PFM Action Plan feeding into the Joint CAS as well as PRSC/PRBS by DPs Budget Management & Financial Accountability Course

  10. CHALLENGES FOR THE SECTOR • Enforcement of PFAA & Regulations • Roll-out of IFMS • Re-organisation of Acc. Genl’s Office • Decentralisation of Internal Audit Function • Sustain Capacity Building Efforts • Resolve Independence Issue of Aud. Genl. • Implement Strategy for Audit of Local Govt. • PAC catch up with backlog and Treasury Memoranda • Improve Payroll & Pension Systems • Development of Performance Indicators (M&E) Budget Management & Financial Accountability Course

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