As public funds are at stake, preferred investment opportunities are typically those which are medium to low risk in nature. Act 3 public finance management act 2015 the public finance. Amended by south african express act 34 of 2007 from 1 feb 2008. In this act, unless the context otherwise requires accountable officer means a the permanent secretary of a ministry or a person appointed to act for the permanent. Public sector management covers such aspects of management as productivity management, and management of human, financial and.
These include the enactment of the budget act, 2001. Public finance management act 1 of 1999 government notice 282 in government gazette 19814, dated 2 march 1999. Amended by financial management of parliament act 10 of 2009 from 21 apr 2009. Instead, it approaches the pfm act from the perspective of a citizen who wants to participate in decision making on issues related to. As public funds are at stake, preferred investment opportunities are typically those. Arrangement of sections section part i preliminary.
Public finance management act south african government. Understanding the public finance management act, 2015 was produced by the civil society budget advocacy group csbag with support from the democratic governance facility, and the usaid uganda and ukaid governance and accountability participation programme. Depending on the level of government and the specific nation, these can range from water and sewage service in a city to a national health plan. The public finance management act, pfma 2015 as amended, is aligned to the constitution of the republic of uganda and public financial management reform strategy 201415 201718. Supervision, control and management of public finances. Part ii control and management of public finance a duties and powers of minister and the treasury 5. Understanding the public finance management act, 2015. Uganda public finance management regulations, 2016 budget.
Pfma public finance management act, 2015 roggkenya. Pdf uganda public finance management act 2015 1 aogon. Jun 23, 2016 the uganda public finance management regulations, 2016. These fundamental changes in public finance are characterised by the fact that public service. The public finance management amendment act, 2015 civil. This is a special field within the larger discipline of financial management, focused on delivering services. Public officers to comply with laws relating to government resources. The national treasury to prepare consolidated annual financial statement. Public financial management act 20 part 1 preliminary 1 this act may be cited as the public financial management act 20 and shall commence on january 1,2014.
Public finance management regulations, 2016 uganda. The objective of this act is to ensure all public finances are managed at both the national and the county levels of government in accordance with the principles set out in the constitution. Uganda public finance management regulations, 2016 free download as pdf file. It has been reported that the strict requirements under the public finance management act, 2015 have made it hard for government to fund. An act to provide for the control and management of the public finances of uganda, for the audit and examination of public accounts and the accounts of certain statutory bodies, and for matters connected therewith. Public order management act, october 20 article 19 free word centre, 60 farringdon rd, london ec1r 3ga. The accounting authority for the schedule 2 public entity b a national. Public financial management is the administration of funds used to deliver public services. The finance minister, maria kiwanuka, has unveiled several financial management reforms aimed at tightening control and management of public funds. External audit 84the auditorgeneral shall, within six months after the end of each financial year, examine and audit the public accounts submitted under this act in accordance with article 187 of the constitution and the audit service act, 2000 act 584. Public finance management topic guide 5 general resources on public finance management background papers public financial management and its emerging architecture. Money payable in respect of a guarantee to be a charge on the consolidated fund. Amendment of section 68 of the uganda communications act, 20.
This faq is intended as a guide through the public finance management act 2012. Cthese regulations may be cited as the public finance. Public finance act 1962 uganda legal information institute. The minister, chief director, controller and accountantgeneral. Act 3 public finance management act 2015 the public finance management act, 2015. A guide to public financial management literature for practitioners in developing countries, overseas development institute, london. Baseline study of press coverage of public affairs in uganda. Declaration of entities as national government entities. Under section 81 of the public finance management act, 2015, act no. Act 3 public finance management act 2015 budgeting means the process by which government sets levels to efficiently collect revenue and allocate the spending of. Environmental levyonused clothing, shoesandotherarticles.
Understanding the public finance management act, 2015 csbag. Enacted by parliament of the united republic of tanzania. In exercise of the powers conferred upon the minister by section 81of the public finance management act, 2015, these regulations are made this 29th day of april, 2016. Amended by public service amendment act 30 of 2007. A guide to public financial management literature for practitioners in developing countries 2 recommended reading. An act to impose and alter certain taxes, duties, levies, fees and to amend certain written laws relating to the collection and management of public revenues.
This work by acmeug is licensed under a creative commons attributionnoncommercial 4. Public financial management is a complex field with many new initiatives and relatively few successes to date. The public finance act, 2001 arrangement of sections section title part i preliminary provisions 1. Finance act thefinance act,2014 arrangement ofsections 2014 1.
An act to amend the public finance management act, 2015. Mar, 2015 uganda public finance management act 2015. Implementing public financial management reform is a challenge in all countries, but to successfully mount and execute public financial management pro. Highlights ofthepublicfinancemanagementact,2012 presentedathealthconsultavemeeng,organisedbythe momsandmophshiltonhotelnairobi,kenya. Ulii is a member of the global free access to law movement and of the african lii community. It does not go through the act line by line, however. Compliance with public finance management act, 2015. Cabinet secretary to submit a statement on loan guarantee to parliament. Development of economic policy and advice by the minister. In public finance, sound treasury management balances the value maximisation objective of the government with the need to maintain liquidity for the discharge of institutional liabilities. The authority shall at all times comply with the public finance management act, 2015. The need for deepening reforms of the public finance management is emphasized in mkukutamkuza ii and vision 2025, as key elements for pfmrp to achieve. Draft public finance mangement climate change fund. Financial reporting by the national treasury and national government entities 80.
Download a full document herepublic finance manage a act d. An act to provide for an institutional and regulatory. Amended by financial management of parliament amendment act 34 of 2014. The public finance management act, 2018 arrangement of sections part i preliminary provisions section 1. Download a full document here public finance manage a act d. Uganda public finance management act 2015 uganda investment. Public finance management act 2015 public finance management public. Declaration of entities as county government entities. Supremacy of act part ii management of public finances 4. The uganda public finance management regulations, 2016. The strategic plan for reform of public financial management, phase iv, is the result of a period of diagnostic analysis and consultations within government and development partners. An act to provide for the development of an economic and fiscal policy framework for uganda. Act 3 public finance management act 2015 the public. Amended by broadband infraco act 33 of 2007 from 1 feb 2008.
499 1081 1467 1030 69 1392 939 634 2 1059 199 1064 1458 263 288 466 1401 703 638 23 1313 1177 1478 870 771 973 322 1172 854 1226 650