UGANDA

UGANDA
Table 1.2. Uganda: Structural Benchmarks (concluded)
Ministry of Finance should
update and publish
Development Committee
guidelines to ensure
compliance with the
Appraisal User Manual.
To promote compliance
with the Appraisal User
Manual.
December
2016
Expected to be met.
The guidelines are being
aligned to the manual.
Proposed new structural benchmarks
Ministry of Finance to further
strengthen the AML/CFT
framework in line with the
international standard by
liaising with Parliament to
amend the Anti-Terrorism
Act to adequately criminalize
the financing of terrorism.
To facilitate the speedy
tracing, identification
and freezing of terrorist
assets, helping to secure
Uganda’s timely exit
from the FATF Gray list.
December 20
16
The Amended Anti-
Terrorism Act has been
sent to Parliament for its
approval.
Ministry of Finance to
establish a framework for
following up and reporting
on the implementation of the
recommendations of valuefor-money
audits conducted
by the Auditor General’s
office.
To improve public
investment efficiency.
March 2017
Ministry of Finance and BoU
to prepare and submit to
Cabinet a policy to regulate
mobile money banking.
To strengthen financial
sector oversight and
consumer protection
April 2017
Ministry of Finance to
produce a manual setting out
national parameters, shadow
prices and conversion factors
to be used in all economic
project appraisals prior to
admission into the Public
Investment Plan.
To improve public
investment efficiency.
March 2017
1
All dates refer to the end of the month, unless otherwise specified.
INTERNATIONAL MONETARY FUND 45