The Ministry of Finance, Planning and Economic Development has unveiled a new monthly cash flow forecasting module under the Programme-Based Budgeting System (PBS), aimed at strengthening cash management across government ministries, departments, and agencies (MDAs).
The two-day training and roll-out of the module is underway at Serena Hotel, Kigo, bringing together technical staff from key institutions including the Uganda Police Force, Uganda Bureau of Statistics, and Parliament of Uganda.
Speaking on behalf of Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi, Commissioner for Debt Policy and Issuance Paul Okitoi described cash management as “the backbone of fiscal policy.”
“When government meets its obligations on time—paying salaries, funding projects, and clearing arrears—it injects liquidity into the economy predictably,” Okitoi said, stressing that cash flow forecasting is a strategic enabler for effective fiscal planning.
Commissioner for Cash Policy Stephen Kasangaki underscored the importance of transparency and timely information sharing between all stakeholders, including the Ministry of Finance, Bank of Uganda, Uganda Revenue Authority, MDAs, and local governments.
The module requires MDAs to lay out expected monthly releases and expenditure needs throughout the financial year, reducing mismatches between cash inflows and outflows. Officials say accurate forecasts will help safeguard fiscal stability, lower borrowing costs, and boost confidence in the economy.
The training will be rolled out to all MDAs and local governments, and every government vote is expected to prepare and submit a cash flow plan for the 2025/26 financial year.
