Speaker, in accordance with article 1551 of the constitution of the republic of uganda, i presented, on behalf of his excellency, the president, the budget for financial year 201718 to parliament in april 2017. The youth livelihood program began in financial year 20 14 rolled out by government of uganda through the ministry of gender labour and social development to address the unemployment and skills gap amongst the youth. Updating parliament on the performance of key selected sectors in financial year 201718 budget, and the priorities for the coming financial year. Audited financial accounts are presented for the years up to 2014 while preliminary financial accounts have been made available for the 201415 and 201516 fiscal years. Malawi surpassed the abuja target of 15% in 20078 16. Hon members, the total revenue estimates for fiscal year 20 14 is ksh1,027. Letter of intent sent to the imf by the authorities of uganda memorandum of economic and financial policies by the authorities of uganda technical memorandum of understanding.
S3 sets out the proposed sector budget allocations for next financial year and the medium term, including major areas of expenditures and any notable changes in allocations. The economic scenario has markedly deteriorated due to the spread of covid19, after growth accelerated to 5. Government of uganda budget speech for fiscal year 2018. Notwithstanding the increase, our public debt remains sustainable and uganda is not under debt distress. Uganda budget speech financial year 2012 20 uganda. Propoor orientation of uganda s 201718 budget 4 the uganda 201718 budget. Uganda makes more money from military contractors than coffee the uganda budget 20152016 financial year is over 24 trillion and its the biggest financial budget in the history of uganda. July 2018 propoor analysis of the 201819 uganda budget. The year to year growth in revenue has fluctuated over time. This paper summarises key messages from our analysis of the uganda national budget for the 201718 financial year. Be it enacted by parliament in the sixtyfourth year of the republic of india as follows. The highlights of uganda budget 2015 2016 financial year. The aim is to transform the agriculture sector by facilitating mechanization. National budget framework paper fy 201718fy 202122 was printed in.
Jun 11, 2015 the uganda budget 20152016 financial year is over 24 trillion and its the biggest financial budget in the history of uganda, 12 trillion and 400 billions is to be got from the citizens of uganda, 5 trillion and 30 billion is to be got from foreign aid and 6 trillion is to be got from loans and this years budget is 9 trillions bigger than. Hon members, the total revenue estimates for fiscal year 2014 is ksh1,027. Ministry of finance, planning and economic development budget. S4 sets out the highest priority outputs for next financial year and the medium term which the sector has been unable to fund in its spending plans. Jun, 2019 the ratio of domestic revenue to gdp is estimated at 15. Budget speech financial year 201415 delivered at the. Open budget survey 2017 questionnaire uganda international. Selected economic and financial indicators, fy2011122019201,2 2012 2014 201415 201516 201617 201718 201819 201920. Uganda ranked as number 102 among the countries of the world in nominal gross domestic product by the international monetary. An analysis of the health sector budget performance for the financial year 2012 and allocations for 20 14 may 20 struggling for free specialist medical services a typical free health camp in karamoja.
The reduction of funding to the national aids commission accounts for most of this reduction, which in 2014 was almost one third of the health sector budget. Reports ministry of finance, planning and economic. Full budget speech for financial year 201617 uganda. Pac115report on the report of the auditor general on the financial statements for the year ended 30th june 20 volume ii central government uganda national roads authority. Subnational revenues are locally set and raised, and then redistributed to districts and municipalities. Maria kiwanuka, minister for nance, planning and economic development, 12th june 2014 fy 20 14 june 2014 enacted budget approved estimates of revenue and expenditure fy 20 14 november 20 citizens budget for ebp or enacted budget na na na in year report budget monitoring report quarter one. Uganda budget highlights 2016 the story behind the numbers. The annual health sector performance report for 20 14 financial year provides analysis of health sector performance against set targets, goals and objectives for the financial year 20 14 with a comparative analysis of the previous trends towards achieving the hssip 201011 201415 targets. Ministry of finance, planning and economic development. This is presented from the period 2014, which reflects, at least one year. The major objective of the audit was to assess the efforts being undertaken by ministry of.
Uganda budget information ministry of finance, planning. Details of the budget were outlined in a text of the speech to parliament by ugandan finance minister matia kasaija. Uganda budget information ministry of finance, planning and. Uganda will exceed the millennium development goal mdg of halving poverty. Uganda, tanzania and rwanda budgets for fiscal year 201617. The ratio of domestic revenue to gdp is estimated at 15. Budget for opening up tanzanias unused growth potentialsntials in june this year minister for finance released his government budget for the financial year 201220. In our analysis, we look at the private sectors view of sector performance and priorities and whether it and the governments views are aligned. Review their budget and expenditure data and documents and leave feedback on the page. The deficit will be financed by domestic borrowing but will have minimal effects on the cost of credit.
The background to the budget 2014 provides a full account of recent economic performance and future prospects, and the governments fiscal policy for the next financial year. The pathways to better nutrition pbn case study, being conducted by the usaidfunded spring project, is following the rollout of national nutrition plans in uganda and nepal over a two year period 202015 and over two budget cycles 2014, 201415 to explore the prioritization and funding of nutrition interventions. A decade of budget reform and poverty reduction by florence kuteesa, ishmael magona, maris wanyera and james wokadala ugandas economy has undergone major fluctuations from a vibrant economy in the 1960s, to suffering severe macroeconomic imbalances in the 1970s and 1980s, to enjoying an economic revival since the late 1980s. Please use the below menus to visit your local government or a government agency of interest. Ugandas economic growth slowed between 2011 and 2014, with gdp per capita in constant u. Maria kiwanuka, minister for nance, planning and economic development, 12th june 2014 fy 2014 june 2014 enacted budget approved estimates of revenue and expenditure fy 2014 november 20 citizens budget for ebp or enacted budget na na na inyear report budget monitoring report quarter one. The minister of finance mr matia kasaija has announced the uganda budget for 20152016 financial year today at the serena conference centre and it is refered to as the historical budget check also. Medium term macroeconomic outlook and indicative revenue framework 8 1. In accordance with artical 1551 of the 1995 consistution of the republic of uganda and section of the public finance management act 2015, i presented the budget proposals for financial. It looks at funding priorities in the year and deduces the. Madam speaker, during the year now ending, ugandas value of exports of goods. A decade of budget reform and poverty reduction oecd journal on budgeting volume 6 no. The charter of budget honesty act 1998 requires that a final budget outcome be released no later than three months after the end of the relevant financial year. Users guide to the nutrition budget analysis tool spring.
Its design is based on the community driven demand model and the programme. The ministry of agriculture, animal industry and fisheries maaif approved in 20 the national agriculture policy nap to unify the countrys agriculture approach and guide the future strategies. The ministry of agriculture, animal industry and fisheries maaif approved in 20 the national agriculture policy nap to unify the countrys agriculture approach and guide the future. Gratuity, with effect from 1st july 2014, the budgeting and payment of gratuity will be. S4 sets out the highest priority outputs for next financial year and the medium term which the sector has been unable to fund in. Exports of apparel, hides, skins, vanilla, vegetables, fruits, cut flowers, and fish are growing, while cotton, tea, and. The financial year 2014 budget, like the one last year, will continue to focus on translating the governments strategic priorities into practice over the next year. Strengthening ugandas competitiveness for sustainable wealth creation, employment and inclusive. Inflation is projected to remain within the upper limit of 7. E the president of the republic of uganda, i have the honour to present the budget statement for the financial year 201617.
Industrialisation for job creation and shared prosperity in line with that of the east african community. The final budget outcome fbo encompasses australian government general government sector fiscal outcomes for the financial year and is based on external reporting standards. Revenue performance report fy 201718 16th july 2018. Sources from within the government reveal that the main concern at present is the manner in which millions of dollars have been lost in the past decade, money that could allegedly have stayed in uganda for investment in the public sector. Jun 08, 2016 madam speaker, in accordance with article 1551 of the constitution of the republic of uganda and the public finance management pfm act 2015 as amended. Uganda economy gdp, inflation, cpi and interest rate. Presenting the budget strategy that addresses our development challenges and propels uganda into middle income status. Funding of ugandas budget, as shown in figure 3, is split almost equally. Recent developments and impact on the medium term macroeconomic framework economic conditions in fy 201718 have improved following a year of lower than projected economic growth. Uganda budget ighlights 01920 this publication highlights the tax and related measures proposed as per the 201920 budget speech.
The growing national debt, if not properly managed, could revert to unsustainable levels as was the case in the past. Highlighting the financial year 201819 revenue measures. Hon members let me now turn to the financial projections for 2014 budget. Madam speaker, ugandas economy continued to grow through financial year 2014 albeit more modestly. The reduction of funding to the national aids commission accounts for most of this reduction, which in 20 14 was almost one third of the health sector budget. This allows us to assess not only whether or not certain information is made available but also its quality of presentation. Total budgeted government expenditure for the 201718 financial year is uganda shillings ugx 22 trillion, an increase in nominal terms from the previous budget of ugx 20. These revenues are for the major part made of grants and subsidies 96%. The financial year starts on july 1 across the region. It must be noted that this year, at the national level, there was a reduction of external donor grants to the general government budget. We do this through the lens of our annual ceo survey. Budget, in fact, divides money between ministries, independent government departments, agencies, regions and local government authorities. Business leaders want economic reforms to boost the economy planned government borrowing and increased taxes to fund the shs29 trillion budget for financial year 20172018 have left investors and business leaders worried about the coming year, ahead of the budget announcement next week, an informal survey by the independent has shown. The highest year to year growth was attained in fy 201415, which was a significant 41.
Since financial year 2012 fy12 uganda has begun to issue treasury securities for. The youth livelihood program began in financial year 2014 rolled out by government of uganda through the ministry of gender labour and social development to address the unemployment and skills gap amongst the youth. Madam speaker, in accordance with article 1551 of the constitution of the republic of uganda and the public finance management pfm act 2015 as amended. Full budget speech for financial year 201617 uganda radio.
This publication constitutes only a brief guide and is not intended to be a comprehensive summary of the tax law and practice. This page provides uganda government budget actual values, historical data, forecast. This year, we surveyed a total of 20 ceos in uganda about. On 29 june 2018, ugandas statistics agency said the country registered a drop in inflation to 3. Funding of uganda s budget, as shown in figure 3, is split almost equally.
An analysis of the health sector budget performance for. Uganda recorded a government budget deficit equal to 4. Hon members let me now turn to the financial projections for 20 14 budget. What are the challenges faced by young people in your country. Madam speaker, uganda s economy continued to grow through financial year 20 14 albeit more modestly. The medium term debt management strategy mtds 201819 202122. This theme corresponds with that of the second national development plan ndpii. Economic performance and outlook for fy 201415 ammaccrrooeeccoonnom miic ceppeerrffoorrmaannce aanndd oouuttllooookk real gdp growth 6. Government of uganda budget speech for fiscal year 20182019. Madam speaker,uganda continues to register positive economic growth. The mid year economic and fiscal outlook myefo updates the economic and fiscal outlook from the previous budget.