The Ministry of Finance, Planning and Economic Development derives its mandate and functions from the 1995 Constitution of the Republic of Uganda and other related subordinate laws, including; the Budget Act (2001), the Public Finance and Accountability Act (2003) and acts establishing agencies and auxiliary organizations.
Accordingly, the Ministry plays a pivotal role in the co-ordination of development planning; mobilization of public resources; and ensuring effective accountability for the use of such resources for the benefit of all Ugandans.
The Ministry discharges this responsibility in the context of her Vision, Mission, mandate and Functions.
A competitive Economy for National Development.
To formulate sound economic policies, maximize revenue mobilization, ensure efficient allocation and accountability for public resources and accountability for public resources so as to achieve the most rapid and sustained economic growth and development for Uganda.
The mandate of the ministry of Finance, Planning and Economic Development is to;
i. To formulate sound economic policies that enhance economic stability and development.
ii. To mobilize local and external financial resources for public expenditure.
iii. To regulate financial management and ensure efficiency in public expenditure.
iv. To oversee National Planning and Strategic Development Initiatives for Economic growth.