ABSTRACT
This chapter presents a discussion of the conceptual and theoretical issues regarding public budgeting, including its philosophical foundations and the meaning of the budget itself. It then considers the budget process in Uganda, with a detailed account of key stages and stakeholders involved. The process of public budgeting considers competing demands and forces in an attempt to share the scarce resources. In Uganda, the Public Finance Management Act (2015) provides detailed guidance on how the country's budget is to be prepared and executed. Budget monitoring aims to verify the information in the quarterly performance reports and assess the link between financial performance and physical performance. Quarterly budget monitoring reports present findings and high-level recommendations to the different actors. The Budget Directorate at the Ministry of Finance uses the information to engage with spending agencies on per formance issues. The different constitutional bodies for managing public budgets must be allowed to perform their duties without any interference.
