Ministry of Finance Planning and Economic Development

What Ministry of Finance Planning and Economic Development does

The Ministry of Finance, Planning and Economic Development (MoFPED) is the government ministry of the Republic of Uganda responsible for macroeconomic policy formulation, national budget preparation and execution, public financial management, and economic development planning. Headquartered in Kampala at Plot 2-8 Apollo Kaggwa Road, the ministry coordinates fiscal policy across all government ministries, departments, and agencies (MDAs), autonomous agencies (URA, URBRA, UBOS, OAG, PPDA, Bank of Uganda), local governments, and engages with the private sector on investment climate matters. MoFPED is structured around 8 strategic core areas including macroeconomic policy and management, development policy and investment promotion, financial sector development, budget preparation and monitoring, deficit financing and cash management, public financial management, internal oversight, and policy planning.

MoFPED operates a portfolio of interconnected public financial management systems: the Integrated Financial Management System (IFMS) for financial transactions, Programme Budgeting System (PBS) for programme-based budgeting, Electronic Government Procurement (eGP) for procurement, and Electronic Document Management System (EDMS) for documents. These are complemented by data portals including the Macroeconomic Dashboard/Monitor, Uganda Macro Data Portal, Integrated Bank of Projects Database (IBP), Aid Management Program (AMP), and Area-Based Commodity Development Portal (ABCD). The ministry targets institutional outcomes including 6-7% GDP growth, increasing domestic revenue financing from 53% to 61% of the budget, and annual job creation of 512,441. Website infrastructure is supported by NITA-U.

As a government state entity, MoFPED does not operate on commercial revenue mechanics. It is funded through Uganda's national budget appropriations and provides public services without commercial pricing. The ministry communicates with stakeholders through its official website (finance.go.ug), the MoFPED TIMES newsletter, YouTube channel, Twitter/X (@mofpedU), and official press releases. Operational coordination occurs through established inter-agency governance structures with its autonomous agencies and partners.

Name

Ministry of Finance Planning and Economic Development

Legal name

Ministry of Finance, Planning and Economic Development

Website

https://finance.go.ug

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

251–500 employees

Short description

The Ministry of Finance, Planning and Economic Development (MoFPED) is the Government of Uganda's ministry responsible for macroeconomic policy, national budget preparation and execution, public financial management, and economic development planning, serving all government ministries, departments, agencies, and local governments.

Ownership category

akta.pro rank

Product category

Public Financial Management

NAICS

Public Finance Activities (921130), Administration of Economic Programs (9261)

SIC

Finance Services (6199)

akta.pro primary industry

Central Government Policy, Strategy & Performance (incl. OMB-style functions) (BPAIAAAB)

akta.pro secondary industry

Climate Policy, Governance & NDC Support (BPADALAA)

Keywords

• Public financial management
• Macroeconomic policy
• Government budgeting
• National treasury operations
• Economic development planning

Headquarters

HQ city

Kampala

HQ country

Uganda

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Distribution channels2 records

Marketing channels5 records

Core offering

MoFPED is Uganda's central government ministry responsible for macroeconomic policy, national budget formulation and execution, public financial management, and economic development planning. It operates and oversees a portfolio of integrated government systems — including IFMS, PBS, eGP, and EDMS — that process public financial transactions, manage programme-based budgeting, handle electronic government procurement, and manage official government documents across all ministries, departments, agencies, and local governments in Uganda.

Product overview

Ministry of Finance, Planning and Economic Development operates a portfolio of interconnected government systems and information portals. The core systems include the Integrated Financial Management System (IFMS) for financial transactions, Programme Budgeting System (PBS) for budget management, Electronic Government Procurement (eGP) for procurement, and Electronic Document Management System (EDMS) for documents. These are complemented by data portals including the Macroeconomic Dashboard/Monitor, Uganda Macro Data Portal, Integrated Bank of Projects (IBP) Database, and Aid Management Program (AMP). The ministry also publishes the MoFPED Times newsletter as a periodic communication channel. All systems are interconnected within Uganda's public financial management infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Integrated Financial Management System (IFMS)

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and strategic.

• Bank of UgandacoreOthersCentral bank partnership for macroeconomic coordination, monetary policy alignment, and financial sector oversight. Bank of Uganda provides monetary policy support and financial system stability coordination with fiscal policy.
• Uganda Revenue Authority (URA)coreOthersPrincipal revenue collection agency under MoFPED oversight. URA collects taxes and duties that constitute the domestic revenue portion of the national budget, contributing to the goal of increasing domestic revenue financing from 53% to 61% of budget.
• Office of the Auditor General (OAG)coreOthersConstitutional audit institution that audits government accounts and reports to Parliament. Supports MoFPED's public financial management accountability objectives.
• Uganda Bureau of Statistics (UBOS)strategicOthersNational statistics office providing economic and demographic data essential for macroeconomic planning, budget formulation, and development planning.
• Public Procurements and Disposal Authority (PPDA)strategicOthersRegulatory body overseeing public procurement. Coordinates with MoFPED on electronic government procurement (eGP) systems and public procurement policy.
• Uganda Retirements Benefits Regulatory Authority (URBRA)strategicOthersRegulator for retirement benefits schemes, supporting financial sector development objectives and long-term capital market development including mobilization of pension funds for infrastructure financing.
• NITA-U (National Information Technology Authority)coreOthersGovernment IT infrastructure agency that provides technical support and powers the ministry's website and digital systems.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• National Treasury of Kenya: Kenya's equivalent national ministry of finance responsible for national budgeting, fiscal policy, and public financial management. Directly comparable as a fellow East African central finance ministry operating in a similar macroeconomic and donor-partner environment.
• Ministry of Finance (Tanzania): Tanzania's Ministry of Finance handles national budgeting, treasury operations, and economic policy. Closely comparable as a neighbouring East African finance ministry with similar mandate and development-partner ecosystem.
• Ministry of Finance and Economic Planning (Rwanda): Rwanda's combined finance and economic planning ministry manages national budgeting, public investment, and economic strategy. Directly comparable as an East African peer integrating planning into the finance ministry structure.
• South African National Treasury: South Africa's National Treasury leads fiscal policy, budget preparation, and public financial management. Comparable mandate and function at a larger scale in an African emerging-market context.
• Bank of Uganda: Uganda's central bank, listed as a core MoFPED partner. Operates monetary policy and financial-sector oversight in direct coordination with the ministry's fiscal policy — a tightly coupled peer in macroeconomic management.

Broad incumbents

• HM Treasury (UK): UK's HM Treasury leads economic and finance ministry functions at a much larger scale. Comparable functional scope (budget, fiscal policy, financial sector, international economic policy) but in a developed-market context with global influence.
• U.S. Department of the Treasury: U.S. Treasury is the federal government's economic and finance ministry, responsible for budget, debt management, tax policy and financial-sector oversight. Comparable functional mandate but at vastly larger scale and with global market influence.
• International Monetary Fund (IMF): The IMF provides macroeconomic surveillance, fiscal policy advice, and lending programmes that directly shape the operating context for finance ministries like MoFPED. Relevant as a peer institution influencing Uganda's fiscal framework and budget financing.
• World Bank: The World Bank funds and advises on Uganda's development programmes and public financial management reform, working directly with MoFPED. Comparable as a peer institution in the same operating ecosystem rather than as a direct competitor.
• OECD Fiscal Policy and Public Finance Workstream: The OECD produces comparative fiscal policy and PFM benchmarks referenced by ministries of finance worldwide. Comparable as a global reference institution shaping the PFM modernisation agenda pursued by MoFPED.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/mofpedU
• YouTubeyoutube.com/@mofpeduganda880/videos

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ministry of Finance Planning and Economic Development