IMF Staff Country Reports

Uganda: Technical Assistance Report-Strengthening Cash Management

Publication Date:

September 15, 2017

Electronic Access:

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Summary:

This Technical Assistance Report discusses measures to strengthen cash management in Uganda. It recommends establishing a high-level cash management committee to provide the necessary authority to the Cash Policy Department (CPD) in maintaining its relationships, in constantly improving the cash flow forecasts, and in operating active cash management transactions. In the medium term, when cash flow forecasting has gained sufficient accuracy, the CPD must prepare for active cash management operations which will consist of short-term borrowing and investment. An appropriate cash buffer level also needs to be calculated which will define the necessary money market transactions to smooth government cash operations.

Series:

Country Report No. 2017/273

Subject:

Currencies Expenditure Government cash forecasting Government cash management Money Public financial management (PFM) Treasury Single Account