STRATEGIC PLAN 2016 - 2021

1 A competitive Economy for National Development#DoingMoreSTRATEGIC PLAN 2016 - 2021 A competitive Economy for National Development #DoingMoreSTRATEGIC PLAN 2016 - 2021 A competitive Economy for National Development #DoingMoreA competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreiTable of ContentsList of Acronyms ..iiiList of Tables ..vList of Figures ..viPREAMBLE ..viiFOREWORD ..viiiExecutive Summary ..ixCHAPTER ONE .. Introduction .. Background .. Legal and Policy Context .. Overall The Link between the STRATEGIC Plan, Global and Regional Initiatives and Commitments.

2 : Global Context .. : Regional Context .. Link between the STRATEGIC Plan and the National Development Planning Frameworks .. The Role of MoFPED in the National Development Agenda .. Implications for STRATEGIC Direction in the Medium Term .. The Purpose and Objectives of the STRATEGIC Plan .. The Guiding principles of the Plan .. Justification for Developing the STRATEGIC Plan .. Process of Development of the STRATEGIC Plan .. The structure of the plan ..8 CHAPTER TWO ..9 SITUATION ANALYSIS .. Introduction .. SWOC ANALYSIS .. WEAKNESSES AND CHALLENGES.

3 Economic Stability and Development .. STRENGTH AND OPPORTUNITIES .. Lessons competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreiiCHAPTER THREE ..21 STRATEGIC DIRECTION .. VISION, MISSION AND CORE VALUES .. MOFPED S STRATEGIC KEY OUTCOMES .. KEY STRATEGIC AREAS, GOALS, OBJECTIVES AND STRATEGIES ..23 CHAPTER FOUR ..37 IMPLEMENTATION STRATEGY .. Introduction .. Implementation model .. Institutional Setup of MoFPED .. BREAKDOWN OF DIRECTORATES AND THEIR ROLES .. AUTONOMOUS AGENCIES .. Critical Success Factors ..44 CHAPTER FIVE.

4 45 MONITORING, EVALUATION AND REPORTING .. Introduction .. The Monitoring and Evaluation Framework .. Monitoring and Evaluation Responsibilities .. Indicators .. Data Collection, Maintenance and Management .. Evaluation .. Guiding Principles in Monitoring the STRATEGIC Plan ..48 CHAPTER SIX ..49 FINANCING OF THE STRATEGIC PLAN .. Introduction .. Funding requirement and source of funding .. Funding plan ..49 CHAPTER SEVEN ..53 RISK ANALYSIS ..53 ANNEX 1 ..55M&E FRAMEWORK FOR VOTE 008 ..55A competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreiiiList of AcronymsAG Auditor General AS Accountability SectorASSIP Accountability Sector STRATEGIC Investment PlanAtG Attorney GeneralAU African Union COMESA Common Market for Eastern and Southern AfricaCOSO Committee of Sponsoring OrganizationsCOBIT Control Objectives for Information and related TechnologyEAC East African CommunityEU European UnionFY Financial YearGDP Gross Domestic ProductGoU Government of UgandaHMIS Health Management

5 Information SystemICT Information and Communication TechnologyIFMS Integrated Financial Management SystemIGAD Intergovernmental Authority for DevelopmentIMF International Monetary FundIPPU Institute of Procurement Professionals of UgandaISO International Standards OrganizationKCCA Kampala City Council AuthorityKRA Key Result AreasLG Local GovernmentLIS Land Information SystemMDAs Ministries, Departments & AgenciesMDGs Millennium Development GoalsMoFPED Ministry of Finance Planning and Economic Development NDP National Development PlanNEPAD New Partnership for Africa s DevelopmentNRM National Resistance MovementOAG Office of Auditor GeneralOBT Output Budgeting ToolPDMS Public Debt Management StrategyPFAA Public Finance and Accountability ActPFM Public Finance ManagementA competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreivPIP Public Investment PlanPPDA Public Procurement and Disposal of Public

6 Assets Authority PPP Public Private PartnershipPS/ST Permanent Secretary/Secretary to TreasuryQAIP Quality Assurance and Improvement ProgrammeSDGs Sustainable Development GoalsSP STRATEGIC PlanSWAp Sector Wide ApproachSWOC Strengths, Weaknesses, Opportunities and ChallengesTOR Terms of ReferenceUBOS Uganda Bureau of StatisticsUMRA Uganda Microfinance Regulatory AuthorityURA Uganda Revenue Authority URSB Uganda Registration Services BureauUSD United States DollarVAT Value Added TaxWB World BankWTO World Trade OrganizationA competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMorevList of TablesTable 1: Uganda s economic performance vis-a-vis selected African 2: Arrears as % of GDP.

7 14 Table 3: Budget Estimates for FY 2016/17 FY 2020/21 ..49 Table 4: Summary of MTEF Budget Estimates for the STRATEGIC Plan Period ..52 Table 5: Risk Analysis, Early Warning Mechanisms and Mitigation Measures .. 53A competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreviList of FiguresFigure 1: Exchange rate trend ..11 Figure 2: Annual exchange rate changes post-crisis ..11 Figure 3: Trend of Core and Headline inflation ..12 Figure 4: Uganda s trade balance ..12 Figure 5: Uganda s Domestic Savings rate as a percentage of GDP ..13 Figure 6: MoFPED s Macro Structure.

8 42 Figure 7: Critical Success Factors ..44 Figure 8: M & E Cycle ..46A competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreviiPREAMBLEThe Government of Uganda through the National Planning Authority developed Uganda s vision 2040 which is cascaded into six, five year National Development Plans. Government recognizes that STRATEGIC planning forms a foundation for good leadership and management in an organization. This STRATEGIC Plan therefore sets out a common Vision, Mission and STRATEGIC direction for the Ministry of Finance, Planning and Economic plan is intended to enable the Ministry take advantage of the opportunities available, and to address the challenges that could impede the Ministry s progress towards achievement of the NDPII lot of dedicated effort and commitment has gone into the development of this STRATEGIC plan.

9 I therefore take this opportunity to express my gratitude to all Ministry stakeholders who have effectively participated in this process. Special thanks go to the entire technical team of the ministry for mapping out the STRATEGIC plan in order to effectively execute the Ministry mandate of: formulating sound economic policies that enhance economic stability and development; mobilizing local and external financial resources for public expenditure; regulating financial management and ensuring efficiency in public expenditure; and overseeing national planning and STRATEGIC development initiatives for economic growth.

10 Your unwavering commitment and teamwork is duly also acknowledge the contribution of our Semi-Autonomous Government Agencies for the collaboration and support they extended to the core team during the development of this plan. This STRATEGIC plan brings together all the goals, objectives and STRATEGIC activities of our various is our conviction that on the basis of this STRATEGIC plan, the Ministry is on a firm footing to play its coordinating role in contributing towards a globally competitive and prosperous nation with a high quality of life for all MuhakaniziPERMANENT SECRETARY/SECRETARY TO THE TREASURYA competitive Economy for National DevelopmentSTRATEGIC PLAN 2016 - 2021#DoingMoreviiiFOREWORDThis STRATEGIC Plan covers the period 2016-2021 and maps out the Ministry s Vision, Mission, Mandate and Core values, taking into account all the current policies, legislations and aspirations sponsored by the Ministry.