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Uganda : Technical Assistance Report : Developing the Charter for Fiscal Responsibility.

Author: International Monetary Fund. Fiscal Affairs Department,
Publisher: Washington, D.C. : International Monetary Fund, [2017] ©2017
Series: IMF country report, no. 17/268.
Edition/Format:   eBook : Document : International government publication : English
Summary:
Publication of a "Charter for Fiscal Responsibility" at the start of each new Parliament is a requirement of Uganda's new PFM Act. The Charter should set out measurable medium-term objectives for fiscal policy, and explain the methodology, data, and procedures by which performance against the objectives would be measured. Previous FAD missions provided general advice on the content of the Charter. This mission  Read more...
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Additional Physical Format: Print Version:
Uganda: Technical Assistance Report-Developing the Charter for Fiscal Responsibility.
Washington, D.C. : International Monetary Fund,2017
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. Fiscal Affairs Department,
ISBN: 1484317742 9781484317747 9781484317938 1484317939
ISSN:1934-7685
OCLC Number: 1009602656
Description: 1 online resource (25 pages)
Series Title: IMF country report, no. 17/268.

Abstract:

Publication of a "Charter for Fiscal Responsibility" at the start of each new Parliament is a requirement of Uganda's new PFM Act. The Charter should set out measurable medium-term objectives for fiscal policy, and explain the methodology, data, and procedures by which performance against the objectives would be measured. Previous FAD missions provided general advice on the content of the Charter. This mission worked with MoFPED to develop the current draft of the Charter, focusing on some key outstanding issues: the choice of fiscal objectives; procedures governing deviations from the objectives; dealing with future petroleum revenues; and reporting and operational requirements. Recommendations in these areas are summarized in Table 1.

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