High-Level Summary Technical Assistance Reports

Uganda: PFM Climate Assessment: Public Investment and Fiscal Risks Management

Author/Editor:

Arturo Navarro ; Matthew K Quillinan ; Jyoti Rahman ; Natalia Salazar ; Eivind Tandberg ; Tjeerd Tim

Publication Date:

February 28, 2024

Electronic Access:

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Summary:

Uganda has committed to an ambitious climate change mitigation and adaption agenda. To achieve this, the country has developed a sound framework to enhance climate change sensitivity across public financial and public investment management. The framework clearly allocates responsibilities, enhances coordination, and requires the identification of climate expenses in the budget documentation. However, gaps remain in some key regulations, primarily on project appraisal, and some initiatives are in early stages of implementation and need further guidance and training. The Climate Public Investment Management Assessment proposes reforms across multiple areas, underscoring as priority areas project appraisal and selection, and budgeting and portfolio management.

Series:

High Level Summary Technical Assistance Report No. 2024/007

Subject:

International organization Monetary policy

Frequency:

Regular