
Finance Ministry Launches Public Investment And Management Strategy 2023
The Minister of Finance, Planning, and Economic Development Hon. Matia Kasaija revealed that in a bid to meet the Sustainable Development Goals (SDGs), the government is prioritizing public investment to foster development.
Kasaija who was officiating at the launch of the Public Investment and Management Strategy in Kampala noted that government intends to achieve it without borrowing.
In partnership with the United Nations Development Programme (UNDP) and the World Bank, the Ministry of Finance, Planning and Economic Development has launched the Public Investment and Management Strategy (PIMS) in Kampala.
This is in line with the United Nations and its partners in Uganda in achieving the Sustainable Development Goals (SDGs), a global call to action to end poverty, protect the global environment, check climate change, and ensure that people everywhere can enjoy peace and prosperity.
A Senior Economist with the United Nations Development Program Dr. Thangavel Palanivel, who is partnering with the Finance Ministry on this cause, noted that the challenges facing the financing sector were the basis for their partnership to have the public gain interest in investment.
The acting Director, Debt and Cash Policy at the Ministry of Finance Maris Wanyera is hopeful that even when the government does not have money to realize this dream, some partners are willing to invest money in the project.
In 2015, World Leaders met in Addis Ababa, Ethiopia, and agreed to the development of Integrate National Financing Frameworks that provide a structure for financing sustainable development at the country level.
John Jimmy Musimbi
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