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

International Monetary Fund

No 2017/268, IMF Staff Country Reports from International Monetary Fund

Abstract: This Technical Assistance Report discusses recommendations for developing a “Charter for Fiscal Responsibility” in Uganda. Publication of a “Charter for Fiscal Responsibility” at the start of each new Parliament is a requirement of Uganda’s new Public Financial Management 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. The Charter should also be used to develop transparent fiscal reporting requirements and establish the role of fiscal objectives in underpinning the annual budget process.

Keywords: ISCR; CR; charter; government; government programme; Act state; petroleum revenue policy framework; petroleum revenue management framework; PFM regulation; Fiscal risks; Fiscal law; Macroeconomic and fiscal forecasts; West Africa; East Africa (search for similar items in EconPapers)
Pages: 25
Date: 2017-09-15
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