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The Presiding Officer of the Senedd greets delegates from the Ugandan Parliament; 2012. The Parliament of Uganda is the country's unicameral legislative body. The most significant of the Ugandan parliament's functions is to pass laws that will provide good governance in the country.
MoFPED was created by the 1995 Constitution of Uganda and derives its power from the Constitution and related acts of parliament, including the 2001 Budget Act and the 2003 Public Finance and Accountability Act. The current Director of Economic Affairs in the Ministry of Finance, Planning and Economic Development of Uganda is Lawrence Kiiza.
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2] This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
A government budget is a projection of the government's revenues and expenditure for a particular period, often referred to as a financial or fiscal year, ...
Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.
Sources from within the government reveal that the main concern at present is the manner in which millions of dollars have been lost in the past decade, money that could allegedly have stayed in Uganda for investment in the public sector; a Global Financial Integrity report recently revealed that illicit money flows from Uganda between 2001 and ...
There is a multi-party system. Executive power is exercised by the government. Legislative power is given to both the government and the National Assembly. The system is based on a democratic parliamentary system with equal rights for all citizens over 18 years of age. The Economist Intelligence Unit rated Uganda a "hybrid regime" in 2022.
Between 2011 and 2016, he was a member of the Parliament of Uganda, and sat on the Committee on Natural Resources and on the Committee on Budget. He later lost his parliamentary seat in the 2016 parliamentary elections.