According to the 2019 Open Budget survey results, Uganda’s overall score is higher than the global average of 45%.
Following the results of the 2019 Open Budget Survey, Uganda has been selected as the best country in East Africa and the second-best country in Africa after South Africa.
The results of the Open Budget Survey 2019 for Uganda were launched in Kampala. They were affiliated with the Ministry of Finance by the Uganda Debt Network.
According to the results, Uganda’s overall score is higher than the global average of 45%, and Uganda ranks second in East Africa and second only to South Africa.
An Open Budget Survey is a global measure of public sector budgets based on the three pillars of budget transparency, public participation and budget oversight.
Uganda ranks 36th out of 117 countries with a score of 58%. New Zealand, South Africa, Mexico and Brazil are all among the top six countries.
The contribution of citizens worldwide to the implementation of the budget is 14%.
When releasing the results, the Commissioner of the Ministry of Finance, Department of Budget Policy and Assessment, Godwin Kakama, promised to deepen the government’s involvement with the public on budget issues.
Kakama, who spoke on behalf of the ministry, said it would encourage members of the private and executive authorities to exchange views on matters related to the national budget.
“We will make pilot mechanisms for public members and executive officers to exchange views on national budget matters when formulating the national budget,” Kakama said.
Meanwhile, the Finance Ministry says the performance of the June 2020 economic report is over.
In the financial sector, the shillings in Uganda were 1.4% higher in June 2020 than the US dollar, as inflows outflows out strung. The exchange rate averaged 3,737.94 / – per $, compared to 3,791.46 / – per $ in May 2020.
In the real sector, annual headline inflation rose to 4.1% in June 2020 from 2.8% in May 2020, due to an increase in annual core inflation from 3.2% to 4.9% during that period.
Earlier, the Ministry had issued the Budget Executive Circular for 2020/21 to all Accounting Officers and State-owned Companies and Chief Executives of the Corporation. Policy and administrative issues guiding budget implementation.
About the Uganda Debt Network
UDN is a national policy advocacy organization that encourages and advocates for poor and marginalized people to participate in influencing poverty-centric policies, overseeing the provision of services to ensure their rights and sensible, accountable and transparent resource production and utilization.
Over the last 20 years, Uganda Debt Network (UDN) has seen considerable growth and development.
Starting as a small group of three individuals and 23 organizations that won the Jubilee 2000 Campaign for Debt Relief in Uganda in 1996, UDN has now grown into a network of more than 40 companies and 100 individuals nationwide, regionally targeted in the East (Busoga, Bukedi, Teso), Karamoja sub-region, Central, West Nile and the West (Kigezi, Nkore and Bunyoro sub-regions)
Uganda Debt Network (UDN) is headquartered in Kampala.