Investor Presentaiton

H.2 Execute spend effectively and accurately (I/II) Initiative objective Improve spend discipline: improve efficiency in allocating and disbursing funds to priority projects/expenditure in line with budget execution plan Initiative Lead Ministry of Finance Office of the Governor Uganda Actions H.2.1 Improve spend discipline and execution of budget in accordance with plan: Introduce performance agreement that will be signed between MDAs and Office of the Governor declaring target performance obligations Ensure MDAs execute spend based on priorities and targets • Ensure MDAs create profiles of inflow and expenditures to ensure estimates and schedules are realistic and are being adhered to Ensure OpEx is distributed automatically at the beginning of each quarter e.g. for fuel, paper, and basic necessities Ensure MDAs align with ministry on outputs every quarter based on performance agreement (detail out who will attend meeting, documents to be prepared for meeting etc.) Allow for trade offs between funding of lower priority projects of one MDA to higher priority projects of another MDA based on criteria in initiative 1.2 Implement policy of giving penalties for not following execution plan and meeting targets in agreement, e.g. delay release of follow-on funds Create buffer fund to take over to the following year Create yearly event where MDAs showcase & are recognised for achievements Deliverables Recommended timeline • Procedure to ensure effective budget execution defined and implemented Performance agreements developed for MDAs 12 months 12 months • Inflow and expenditure profiles 12 months Format of quarterly meetings and individuals to attend defined 4 months 252 Potential quick-win Copyright 2019 by Boston Consulting Group. All rights reserved.

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