performance of uganda economy report june 2012

7/29/2019 Performance of Uganda Economy Report June 2012

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PERFORMANCE OF THE ECONOMY

JUNE 2012


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TABLE OF CONTENTS

LIST OF ACRONYMS 3

EXECUTIVE SUMMARY. 4

I REAL SECTOR. 4

1. Real GDP. .5

2. Inflation.... 5

II MONETARY SECTOR. 9

1. Foreign Exchange Market. . 10

2. Securities..11

III. EXTERNAL SECTOR 11

1. External Debt Service .....................................................................................................................................11

2. Coffee Exports11

2.1. Direction of Coffee trade.

12

IV FISCAL SECTOR.12

1. Overview ..............................................................................................................................................................12

2. Performance of the Resource Envelope ............................................ .............................................. .......13

3. Tax Revenues .....................................................................................................................................................14

3.1 Direct Domestic Taxes (DDT) .............................................. ............................................... ..............15

3.2 Indirect Domestic Taxes (IDT) ............................................. ............................................... ..............15

3 3 Taxes on International Trade (TIT) 16


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LIST OF ACRONYMS

ADF African Development Fund

AGDP Annual Gross Domestic Product

DDT Direct Domestic Taxes

EFU Electricity, Fuel and Utilities

EIB European Investment Bank

EU European Union

HIPC Heavily Indebted Poor Countries

IDA International Development Agency

IDB International Development Bank

IDT Indirect Domestic Taxes

IFAD International Fund for Agricultural Development

MDG Millennium Development Goals

NUDEP Northern Uganda Development Enhancement program

NTR Non Tax Revenues

OPM Office of the Prime Minister


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EXECUTIVE SUMMARY

Annual inflation continued to decline for the seventh consecutive month. The rate of

annual headline inflation fell to 18.0% during the month from 18.6% in May, as both

core and EFU inflation declined. On the other hand, food crop inflation rose from 8%

in May to 12.2% in June 2012.

Total URA revenue collections in June 2012 amounted to Shs 752.79bn,

representing a performance rate of 116% against the target for the month.

Cumulative collections for the fiscal year amounted to Shs 6,135.94bn representing a

performance rate of 99.5% against the target for the period. Collections on stamp

duty from farm out oil transactions in 2011/12 amounted to Shs.72.3 bn.

During the month, non-tax-revenue (NTR) collections amounted to Shs 11.8 billion,

representing performance rate of 125% against the months target. Cumulatively,

NTR collections amounted to Shs 105.8 billion against a target of Shs 106.3 billion

estimated for the FY 2011/12.

Total Government expenditure excluding arrears amounted to Shs. 924.7 billion in

June. The fiscal operations recorded a deficit of Shs. 126.7 billion as revenues and

grants underperformed.

Coffee exports in June decreased to 275,057 60-kg bags, worth US$ 36.62 million,

representing a decline by 25.85% and 37.1% in volume and value respectively, as

compared to June 2011.


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ECONOMIC INDICATORS FOR JUNE 2012

I REAL SECTOR

Inflation

The annual headline inflation reduced to 18% in June 2012 down from the 18.6% recordedin the May 2012. The reduction in headline inflation was on account of reductions in EFU

and core inflation. Core inflation reduced to 19.2% but continued to drive overall inflation in

the country. Meanwhile EFU and food crop inflation increased at 12.9% and 11.0%

respectively. Annual food crop inflation increased to 11.0% compared to 8% in May but still

remained lower than core and EFU inflation during the month of June 2012.

Food versus Non Food Inflation

Both food and non-food inflation reduced in June 2012. Food inflation reduced to 12.7%

from 13.7% recorded in May 2012 and was still lower than headline inflation. Meanwhile

non-food inflation reduced to 20.4% from 21% reported for May. Non food inflation

remained higher than headline inflation implying that the inflationary pressures havepersistently resulted from the non-food component of inflation since March 2012.

Fig 1: Movements in the Food and Non food Components of Inflation for June 2011 -2012:

60.0

Movements in Food,Nonfood

and Headline Inflation

25 00

30.00

Contribution to Headline Inflation


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Inflation across CPI centres

June Annual headline inflation remained highest in Arua just as in May 2012. Arua recorded

headline inflation of 24.1% compared to 21.3% in May 2012 followed by Kampala high andGulu at 20.45 and 19.4% respectively. Headline inflation remained lowest in Jinja and

Mbarara at 13.5% and 15.5% respectively. Arua continues to experience the highest inflation

in the country due its location-bordering South Sudan. The demand for the limited goods and

services in Arua is exercabated by the fact that South Sudan competes with Arua for the same

goods produced within Arua and those imported

Figure 2 illustrates inflation across the centres in the country where prices are collectedmonthly.

Fig 2: Inflation across CPI Centres June 2012:


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Fig 3: Annual Inflation, June2011 June2012

Source: Uganda Bureau of Statistics

Table 1: Monthly and Annual Inflation: June 2011 June 2012

June' 11 July' 11 Aug'11 Sep'11 Oct'11 Nov'11 Dec'11 Jan'12 Feb'12 Mar'12 Apr'12 May'12 June' 12

Headline 15.7% 18.8% 21.4% 28.3% 30.5% 29.0% 27.0% 25.6% 25.7% 21.1% 20.0% 18.6% 18.0%

Core 12.1% 15.6% 20.0% 27.6% 30.8% 30.6% 29.2% 28.1% 26.7% 23.6% 22.8% 21.2% 19.5%

Food Crops 39.0% 42.3% 33.7% 38.8% 35.3% 25.9% 20.4% 13.5% 21.4% 10.1% 9.1% 8.0% 11.2%

EFU 10.3% 10.8% 10.7% 12.1% 10.1% 11.3% 11.6% 23.5% 23.1% 20.2% 14.3% 14.5% 12.9%

Headline 0.1% 2.3% 2.7% 6.9% 1.3% 0.1% -0.2% 0.1% 1.8% 0.4% 2.0% -0.1% -0.5%

C 1 9% 3 4% 3 8% 6 8% 1 1% 0 5% 0 6% 0 0% 0 9% 0 8% 1 2% 0 2% 0 5%

Monthly Changes

Annual Changes


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Monthly headline inflation reduced across all centres apart from Arua (3.2%) and Jinja

(2.8%) that experienced highest food crop price increments of 11.9% and 5.4% respectively.

Fig 4: Monthly Inflation Rate June 2011 to June2012

-10%

-5%

0%

5%

10%

15%

Headline Core Food Crops EFU

Source: Uganda Bureau of Statistics

Inflation in East African Community June 2012

Annual headline inflation eased across the East African Community in June compared to May

2012. Ugandan headline inflation (18.0%) was the highest for the first time in the fourth

quarter of FY 2011/12. Inflation was lowest in Rwanda, at 5.92%. Kenya, Tanzania and

Burundi all continued to register double digit inflation levels during the month.


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Fig 5: Inflation Rates in the East African Region

18.0 17.4

10.1

5.92

17.3

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

20.0

Uganda Tanzania Kenya Rwanda Burundi

June

Source: Compiled by Ministry of Finance, Planning and economic Development.

II MONETARY AND FINANCIAL SECTOR

Government Securities and Interest Rates

There were five auctions of government securities - 2 T-Bills, 2 T-bond and a T-bond re-

opening during the month of June 2012 and on net basis Shs 280.78 billion worth of

securities were issued. In line with market developments, the average monthly interest rateon the shortest dated security the 91-day TB rose marginally to 18.6% in June, while the

rate on the 364-day TB dropped substantially by 1% to 19.23%. The weighted average


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Figure 6: Average TB Interest Rates, June 2011 - June 2012

12.0

14.0

16.0

18.0

20.0

22.0

24.0

26.0

Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12

91 182 364 W Av

Source: Bank of Uganda

Since the start of this calendar year, interest rates on Government securities have

experienced a steady decline. The decline partly reflects the easing in monetary policy

stance (as reflected by the decline in the CBR) in response to easing inflationary pressures.

Foreign Exchange Market

The foreign exchange market was characterised by subdued demand. In the absence ofcorporate sector demand, developments in the market were driven by inter-bank activities.

Having opened the month at Shs 2,502/US$, the Shilling fluctuated but the rate remained


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Figure 7 shows developments in the monthly average inter-bank mid rate between June

2011 and June 2012.

Figure 7: Monthly Average Inter-Bank mid Rates, June 2011 June 12

Source: Bank of Uganda

On an annual basis, the average exchange rate amounted to Shs 2,557/US$, representing a

9.1% depreciation over the FY2010/11 average level.

II. EXTERNAL SECTOR


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million 60-kg bags worth US$ 300.6 million in 2010/11. The weaker global growth and

expected bumper harvest from Brazil explains the slowdown in the coffee exports.

Figure 8: Coffee Export Volumes and Unit Values, June 2011 - June 2012

Source: Uganda Coffee Development Authority

External Debt


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IV FISCAL SECTOR

Overview

Fiscal operations expanded faster than programmed in the month of June. Notwithstanding

the good performance recorded on both domestic revenues and foreign grants, a provisional

deficit of Shs 2.2bn was recorded compared to a projected surplus of UGX 21.8 billion. This

was largely on account of foreign project loan disbursements which translated into external

development spending of Shs 229bn above the programmed level. In contrast to the last two

financial years, there was no repeat of the end-June escalation of recurrent and domestic

development spending partly due to the tighter fiscal stance taken in the second half of the

financial year in support of the disinflation effort.

Table 2: Overall Fiscal Operations (Billions, Shs), June 2012Outturn Prog Prov

Jun '11 Jun '12 Jun '12 Impulse Dev Perf

Revenues and Grants 655.6 708.5 919.0 40% 210.5 130%

Revenues 590.7 660.7 764.6 29% 103.9 116%

URA 575.7 646.4 752.8 31% 106.3 116%

Non-URA 15.0 14.3 11.8 -21% (2.5) 83%

Oil revenues - - - n.a - n.a

Grants 65.0 47.8 154.4 138% 106.7 323%

Budget Support 18.8 14.1 85.9 356% 71.8 608%Project Support 46.1 33.6 68.5 48% 34.8 204%

Expenditure and Lending 702.3 686.6 921.3 31% 234.7 134%

Expenditure excl arrears 704.4 689.9 924.7 31% 234.8 134%

Current Expenditures 436.6 422.8 382.4 -12% (40.3) 90%

Wages and Salaries 146.7 169.4 160.7 10% (8.7) 95%

Interest Payments 41.6 36.9 55.9 35% 19.0 151%

Domestic 36.8 30.9 50.0 36% 19.1 162%

External 4.8 6.0 5.9 23% (0.1) 98%

Other Recurr. Expenditures 241.5 216.4 165.8 -31% (50.7) 77%

Development Expenditures 267.7 267.1 542.3 103% 275.2 203%

Domestic Development 150.3 184.4 195.4 30% 11.0 106%

External Development 117.4 82.7 346.9 195% 264.1 419%

Net Lending/Repayments (3.0) (3.2) (3.4) n.a (0.2) 105%

Domestic Arrears Repaym. 0.9 - 0.0 -99% 0.0 n.a

Domestic Balance 10.6 62.9 196.1 1747% 133.2 312%

Primary Balance (5 1) 58 8 53 6 -1162% (5 2) 91%


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PERFORMANCE OF THE RESOURCE ENVELOPE

Total resources available for fiscal operations excluding payments for domestic arrears and

external debt amortization amounted to Shs 924.7bn. The resource envelope for June 2012

was supported in almost equal measure by domestic resource mobilization of Shs 501.7bn

(equivalent to 54%) and external assistance of Shs 423.0bn (equivalent 46%).

Table 3: Performance of the Resource Envelope

Outturn Prog Prov

Jun '11 Jun '12 Jun '12 Impulse Dev Perf Composition

Resource envelope 704.4 689.9 924.7 31% 234.8 134% 100%

Domestic resource mobilisation 605.8 603.0 501.7 -17% (101.3) 83% 54%

Tax revenue 575.7 646.4 752.8 31% 106.3 116% 81%

Oil revenues - - - n.a - n.a n.a

NonTax revenue 15.0 14.3 11.8 -21% (2.5) 83% 1%

Loan repayments 3.0 3.2 3.4 n.a 0.2 105% 0%

Other financing (net) /2 12.2 (61.0) (266.3) -2283% (205.3) 437% -29%

External assistance (net of armotizatio 98.5 86.9 423.0 329% 336.1 487% 46%

Foreigngrants 65.0 47.8 154.4 138% 106.7 323% 17%

External Debt financing net 33.6 39.1 268.6 701% 229.5 687% 29%

/2 Includes domestic arrears repayments Source: Ministry of Finance Planning and Economic Development

URA Revenues

URA revenue collections in June amounted to Shs 752.8bn, which was Shs 106.3bn or 16.5%

above the target. Collections on domestic and international trade were above target by

19 5% and 9 5% respectively


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Figure 10: Revenue Targets and Outturns Billion (Shs), June 2012

Source: Uganda Revenue Authority

3.1 Direct Domestic Taxes (DDT)

Direct domestic tax collections amounted to Shs 391bn in June, representing Shs 60.1bn or

18.2% above target. This performance was largely attributed to strong collections on

corporate tax, PAYE and withholding taxes, the three largest items in the tax head, which

were 12.1%, 27.9% and 19.5% above their monthly targets. The performance of this tax head

is attributed to a rebound in incomes amongst businesses and corporates during the fourth

quarter. However, on an annual basis, PAYE and withholding tax collections were below

target by 5.7% and 5%, respectively, whilst withholding tax collections were 7.6% above

target. Overall, direct domestic tax collections amounted to Shs 1,992bn in FY 2011/12,


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Taxes on international trade amounted to Shs 246.7bn, representing Shs 21.4bn or 9.5%

above target, as VAT on imports and import duties, two of the three largest items in the tax

head overperformed and offset the underperformance by petroleum duty. Import duty and

VAT collections were 23.6% and 8.5%, respectively above target, while petroleum duties fell

5.1% below its monthly target. The performance by international trade taxes were buoyedby increased cross border trade especially on imports during the month. Cumulatively,

international trade taxes for the financial year totalled Shs 2,905bn, representing a

performance rate of 98.6%.

3.4 Fees and Licenses

Collections on fees and licenses amounted to Shs 1.84bn or 21.9% above their target during

the month. Motor vehicle fees, drivers permits and embossing fees all performed above

their respective monthly targets at 126%, 118% and 115%, respectively.

4. Non Tax Revenue (NTR)

Non tax revenue collections in June amounted to Shs. 11.8bn surpassing the monthly target

by about Shs 2.3bn or 26%. In comparison to the same month last year non-tax revenue

collections increased by 153%. The NTR performance in June is on account of improved

collections from the migration fees and the high court fees.

Table 4: Overall Non Tax Revenue Collection-June 2012 (Billions, Shs)

Outturn Prog Prov

May '11 Jun '12 Jun '12 Impulse Dev Perf

Total Non Tax 4.6 9.4 11.8 153% 2.3 125%

Ministries 4.3 8.6 8.5 98% (0.0) 99%Own Collections 0.7 2.9 1.2 75% (1.7) 42%

URA Collections 3.6 5.6 7.3 103% 1.6 129%

Passport fees 0.7 0.7 0.5 -18% (0.1) 84%

Migration fees 0.7 2.5 4.5 517% 1.9 177%


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Total budget support disbursements amounted to US$ 34.6 million, representing US$ 30.6

million above the projected level. The disbursements were in the form of grants. The EU and

Denmark disbursed a total of US$ 26.5 million towards general budget support. Other budget

support disbursements were US$ 6.0 million under NUSAF, US$ 2.68 to the water sector, andUS$ 2.11 million. Table 5 shows the details of aid disbursements in June 2012.

Table 5: External Aid Disbursements in June 2012 US$ MillionsJun '11 Jun '12 Jun '12

2011 Prog 2012 Impulse Perf Dev

Budget Support 7.9 4.0 34.6 340% 862% 30.6Grants - 4.0 34.6 n.a 862% 30.6

Loans 7.9 - - n.a n.a -

Project Support 35.9 33.6 139.6 289% 415% 106.0

Grants 27.6 13.3 27.6 0% 207% 14.3

Loans 8.3 20.3 112.1 1247% 551% 91.7

Total 43.7 37.6 174.2 629% 1278% 136.6

Source: Ministry of Finance, Planning and Economic Development

5.2 Project Support

Project Support disbursements amounted to US$ 139.6 million in June. The largest

beneficiary sectors were roads and works (44%), education (15%), defense (13%) andhealth (9%).


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Table 5: Spending by Sector and Budget Classification (Billions Shs)Jun '12 Jun '12 Jun '12 Jun '12

Wage Non-wage Dom Donor Proj Jun '12

Bill reccur Dev't Dev.disb Prov Salaries Non-Wage GoU-Devt Donor-Devt Total

Security 31.0 20.9 2.2 47.1 101.2 19.3% 9.4% 1.1% 12.8% 10.7%

Roads & Works 2.1 3.2 74.2 161.4 240.9 1.3% 1.5% 38.0% 43.7% 25.4%

Agriculture 1.7 5.2 18.3 4.4 29.6 1.0% 2.3% 9.4% 1.2% 3.1%

Education 61.6 3.9 5.0 56.4 127.0 38.3% 1.8% 2.6% 15.3% 13.4%

Health 16.9 23.4 3.4 31.7 75.4 10.5% 10.5% 1.8% 8.6% 8.0%

Water & Environment 5.0 1.0 6.2 4.9 17.1 3.1% 0.5% 3.2% 1.3% 1.8%

Justice, Law & Order 14.9 18.5 16.6 - 50.1 9.3% 8.3% 8.5% 0.0% 5.3%

Accountability 7.7 14.9 10.7 11.4 44.7 4.8% 6.7% 5.5% 3.1% 4.7%

Energy & Minerals 0.2 0.3 33.7 4.6 38.8 0.1% 0.1% 17.3% 1.3% 4.1%

Tourism, Trade & Industry 1.3 0.3 1.7 3.0 6.3 0.8% 0.1% 0.9% 0.8% 0.7%

Lands, Housing & Urban Development 0.2 0.7 1.2 - 2.1 0.1% 0.3% 0.6% 0.0% 0.2%

Social Development 0.2 0.7 0.3 - 1.1 0.1% 0.3% 0.2% 0.0% 0.1%

Information & Communication Technology 0.1 0.2 0.2 4.4 4.9 0.0% 0.1% 0.1% 1.2% 0.5%

Public Sector Management 12.6 19.3 9.8 39.4 81.1 7.8% 8.7% 5.0% 10.7% 8.6%

Public Administration 3.0 33.1 10.8 0.2 47.1 1.9% 14.9% 5.5% 0.1% 5.0%

Parliament 2.3 20.2 1.0 - 23.5 1.4% 9.1% 0.5% 0.0% 2.5%

Interest Payments Due - 56.3 - - 56.3 0.0% 25.4% 0.0% 0.0% 5.9%

Domestic Interest - 50.0 - - 50.0 0.0% 22.5% 0.0% 0.0% 5.3%

External Interest - 6.3 - - 6.3 0.0% 2.8% 0.0% 0.0% 0.7%

Total Centre 82.8 165.8 198.0 369.1 815.7 51.5% 74.6% 101.3% 100.0% 86.1%

Total Local Government Programmes 77.9 - - - 77.9 48.5% 0.0% 0.0% 0.0% 8.2%

Total Interest - 56.3 - - 56.3 0.0% 25.4% 0.0% 0.0% 5.9%

Grand total 160.7 222.1 195.4 369.1 947.3 100.0% 100.0% 100.0% 100.0% 100.0%

% of total spending 17% 23% 21% 39% 100%

Source: Ministry of Finance Planning and Economic Development

By budget classification, with the exception of interest costs and the development budget, allexpenditure aggregates remained within the programmed levels. By sector, spending was

largely concentrated around roads and works (25.4%), education (13.4%), security (10.7%),


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-

20.0

40.0

60.0

80.0

100.0

120.0

140.0

160.0

180.0

Jun '11 Jun '12



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V APPENDICES

Appendix 1: Economic and Financial Indicators to June 2012

Economic and Financial Indicators June'11 July'11 Aug'11 Sept '11 Oct'11 Nov'11 Dec'12 Jan'12 Feb'12 Mar'12 Apr'12 May'12 June'12

Real Sector

Annual Inflation

Headline % 15.8% 18.8% 21.4% 28.3% 30.4% 29.0% 27.0% 25.6% 25.7% 21.1% 20.0% 18.6% 18.0%

Core % 12.2% 15.6% 20.1% 27.5% 30.8% 30.6% 29.2% 28.0% 26.7% 23.6% 22.8% 21.2% 19.5%

Coffee Exports

Volumes 60 kg Bags 370,924 375,843 309,303 340,378 215,285 227,177 242,301 226,462 244,319 187,592 141,220 252,548 275,057

Values US $ M 57.9 54.6 44.4 48.8 30.4 34.6 37.0 33.7 36.2 30.2 21.9 35.8 36.6

Monetary Sector

M3 - Shs Bn 10,437.79 10,438.72 10,836.37 10,666.08 10,480.07 10, 495. 41 10, 426. 57 9,966.85 10, 264.65 10,565.79 10,423.81M2- Shs Bn 7,945.76 7,928.18 7,952.56 7,717.32 7,728.89 7,695.87 7,638.06 7,386.68 7,674.37 7,651.97 7,497.23

NCG- Shs Bn 673.07 428.12 427.50 698.34 757.68 601.46 239.87 218.84 79.27 (251.31) (319.01)

P rivate Sec to r Cr edit - Shs Bn 6,512.73 6,559.02 6,831.95 7,069.76 6,965.38 7,038.60 6,981.65 6,864.63 6,895.74 7,103.30 7,130.65

Fx Loans - US $ M 1,864.47 1,866.96 1,984.08 2,095.25 1,931.45 1,996.51 1,997.80 1,963.68 2,090.39 2,342.19 2,380.90

M2 as % M3 0.76 0.76 0.73 0.72 0.74 0.73 0.73 0.74 0.75 0.72 0.72

Fx Loans as % PSC 0.29 0.28 0.29 0.30 0.28 0.28 0.29 0.29 0.30 0.33 0.33

Exchange Rate Shs/$ 2,461.04 2,587.23 2,753.23 2,814.00 2,805.37 2,582.18 2,446.91 2,414.19 2,327.97 2,485.02 2,506.21 2,479.05 2,484.36

Interest rates

91 day TB - % 12.1 13.09 15.95 17.23 21.23 21.2 22.9 23.0 19.7 17.3 18.1 18.2 18.6

182 day TB -% 12.41 13.47 16.1 18.15 21.92 23.1 24 24.6 19.4 19.0 19.9 20.2 19.5

364 day TB-% 12.55 13.3 16.92 20.1 23.71 23.5 22.3 24.5 19.0 19.3 20.3 20.2 19.2

Weighted Average(TBs) - % 13.0 15.0 17.0 20.0 23.0 23.3 22.6 24.5 19.1 19.2 20.1 20.1 19.2

Compiled by Ministry of Finance planning and Economic Development, MEPD


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Appendix 2: Exports US 000 Dollars May 2012COMM DESCRIPTION May'11 Jun'11 Jul '11 Aug'11 Sep'11 Oct'11 Nov'11 Dec'11 Jan'12 Feb'12 Mar'12 Apr'12 May'12 Total

Traditional FY 11/12

01 Coffee 40,022 57,948 54,627 44,363 48,825 30,455 34,661 36,969 33,707 36,163 30,183 21,865 35,772 371,818

02 Cotton 8,645 1,470 4,098 1,197 242 0 172 3,812 9,314 11,438 16,278 12,485 9,159 59,035

03 Tea 6,974 5,957 7,202 5,505 5,909 6,333 6,753 6,779 7,450 4,223 2,968 3,714 8,360 56,836

04 Tobacco 4,784 4,256 1,943 3,331 3,972 2,944 6,543 5,316 7,022 6,177 5,655 3,204 4,321 46,109

Non - Traditional

05 Live Animals 204 93 2 2 5 27 80 2 3 7 99 96 63 323

06 Fish and Fish Products 11,146 11,570 9,680 9,987 11,588 11,402 11,939 15,761 12,438 12,274 11,795 9,526 11,964 116,391

07 Flowers 1,984 1,284 1,829 2,351 2,400 1,978 1,734 1,176 1,801 2,315 2,351 1,848 3,783 19,784

08 Beans and Other Legumes 1,064 3,305 2,428 2,825 2,390 2,961 841 939 379 690 622 938 622 15,01309 Bananas 15 60 11 17 9 48 38 23 23 27 51 63 19 311

10 Fruits 211 122 206 126 207 33 141 32 23 54 57 37 66 916

11 Pepper 154 116 31 0 69 119 38 311 92 348 183 110 56 1,301

12 Maize 2,403 1,176 2,798 5,642 3,255 2,404 1,252 934 1,670 5,034 8,325 4,064 4,618 35,377

13 Ground-nuts 0 2 0 4 28 34 51 18 117 319 166 99 36 836

14 Sesame Seeds 1,544 376 100 1,009 1,215 803 290 403 2,035 1,290 2,012 2,211 1,280 11,369

15 Cocoa Beans 2,753 3,202 2,149 1,114 2,054 3,025 4,200 4,035 3,806 4,145 4,518 3,095 2,949 32,141

16 Electric Current 1,199 1,528 1,543 1,661 1,482 1,386 1,362 1,346 962 1,451 1,391 1,740 1,548 14,324

17 Soap 2,342 1,703 2,425 2,567 2,912 2,019 2,098 2,337 3,159 3,212 3,301 2,833 2,826 26,862

18 Hides and Skins 2,591 3,004 2,119 1,915 2,567 3,831 3,229 2,542 2,549 3,453 3,980 3,604 4,920 29,789

19 Gold and Gold Compounds 336 410 950 454 501 832 296 1,590 1,007 874 853 1,199 1,134 8,556

20 Hoes and Hand Tools 8 37 21 37 44 26 7 19 1 166 71 1,672 63 2,065

21 Cobalt 1,585 1,581 1,581 1,581 1,048 1,587 1,579 1,581 527 1,580 527 527 1,054 12,118

22 Petroleum Products 7,934 8,802 9,383 7,817 8,414 9,307 10,245 8,880 11,256 11,529 11,944 11,957 10,576 100,733

23 Other Precious Metals 3 1 97 172 20 0 59 38 13 26 0 68 0 493

24 Vanilla 197 64 90 16 527 936 77 149 15 84 449 834 212 3,177

25 Soya beans 0 0 125 318 235 25 0 11 58 15 0 62 16 848

26 Sorghum 41 27 30 11 50 17 0 0 592 431 1,408 159 752 2,699


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Appendix 3: Imports by SITC2 & value in US 000 Dollars May 2012SITC2 Description May'11 Jun'11 Jul'11 Aug'11 Sep'11 Oct'11 Nov'11 Dec'11 Jan'12 Feb'12 Mar'12 Apr'12 May'12 Total

FY 2011/12

00 Live animals other than animals of division 03 234 246 118 140 124 292 227 276 122 293 120 222 161 1,935

01 Meat and meat preparations 120 175 128 243 728 157 325 331 182 216 292 235 224 2,837

02 Dairy products and bird's eggs 431 577 317 314 358 476 320 812 610 481 523 802 240 5,012

03 Fish, crustaceans and molluscs and preparations thereof 228 225 220 115 118 321 429 251 136 356 438 302 265 2,686

04 Cereal s and cereal preparati ons 26,632 1 6,300 2 2,944 2 7,582 1 4,638 2 3,886 1 8,769 1 8,143 1 9,838 2 4,732 2 3,754 2 5,587 2 7,643 219,874

05 Vegetables and fruit 1,662 1,511 1,476 1,018 1,184 1,065 1,319 1,997 935 1,613 1,196 1,930 2,246 13,734

06 Sugars , sugar preparati ons and honey 3,493 2,803 3,273 7,897 13,085 16,238 35,649 34,548 31,419 20,947 16,532 14,146 18,003 193,735

07 Coffee, tea, cocoa, spices, and manufactures thereof 326 559 695 684 980 578 1,352 761 779 384 422 521 537 7,156

08 Feeding stuff for animals (not including unmilled cereals) 99 131 86 251 121 187 156 288 94 145 139 154 94 1,619

09 Mi scel laneous edi bl e products and preparati ons 3,121 2,944 3,733 3,569 2,421 2,857 2,112 2,692 4,361 3,341 3,218 2,708 3,502 31,011

11 Beverages 2,976 3,304 3,028 3,350 2,994 2,642 3,883 4,026 2,997 2,556 3,661 3,768 3,890 32,905

12 Tobacco and tobacco manufactures 1,458 1,348 1,003 974 1,117 1,098 1,342 1,728 301 1,425 903 1,090 1,073 10,982

21 Hides, skins and furskins, raw 62 72 66 62 126 123 123 100 145 73 99 103 156 1,020

22 Oil-seeds and oleaginous fruits 118 117 609 7 309 177 4 3 549 18 22 22 33 1,719

23 Crude rubber (including synthetic and reclaimed) 6 6 8 2 5 12 76 82 2 2 7 18 1 21324 Cork and wood 116 65 125 35 117 77 1 01 104 106 147 100 79 83 992

25 Pulp and waste paper 45 32 44 34 24 17 25 45 42 49 57 65 50 401

26 Tex ti l e fi br es (o ther th an woo l to ps ), wa stes ; no t ma nuf ac tur ed 3 ,7 74 3 ,81 1 3,5 45 4 ,3 50 3 ,4 27 3 ,4 55 3 ,26 3 4, 65 0 5 ,1 21 3 ,6 79 6 ,4 30 5 ,83 8 6, 22 2 43,758

27 Cr ude fer ti l izer s a nd mi ner al s ( ex cl . c oa l, p etr ol , p rec iou s s to nes ) 1 ,9 41 2 ,10 3 2,3 83 2 ,5 55 2 ,3 64 3 ,3 48 2 ,41 3 2, 39 5 2 ,1 32 1 ,9 43 2 ,2 34 2 ,61 2 2, 70 1 24,378

28 Metalliferous ores and metal scrap 762 387 713 650 704 740 856 835 708 711 641 860 624 7,417

29 Crude animal and vegetable materials, nes 450 484 434 309 546 427 371 459 555 929 431 660 748 5,121

32 Coal, coke and briquettes 1,593 47 3 2,659 2,955 16 4 9 0 8 3 1 0 5,658

33 Petroleum, petroleum products and related materia ls 112,971 111,066 113,450 124,689 112,965 108,314 102,598 113,646 122,878 107,333 120,411 102,833 121,303 1,129,117

34 Gas, natural and manufactured 902 2,669 789 1,049 662 1,049 670 992 1,494 1 ,031 1 ,252 602 650 9,589

35 Electric current 651 912 1,043 831 790 765 983 966 859 1,099 1,469 1,413 865 10,219

41 Animal oils and fats 3 4 13 3 2 7 14 5 7 1 8 3 95 1 15 0 256

4 2 F ix ed v eget ab le f at s a nd o il s , c ru de, ref in ed o r f ra ctio na te d 1 9, 96 8 1 6, 56 2 1 9, 70 1 2 1, 09 7 2 0, 80 4 1 9, 46 5 2 1, 55 3 1 4, 72 3 2 0, 33 8 2 1, 83 9 2 3, 92 6 1 9, 87 7 2 0, 73 4 203,324

43 An im. or v eget. f ats a nd oi l s, p roc es sed; a ni ma l or v egeta bl e wa xes 4 ,4 76 2 ,75 9 1,6 81 2 ,5 46 1 ,4 34 1 ,9 12 1 ,90 5 3, 49 7 2 ,0 95 2 ,1 33 3 ,3 46 2 ,10 8 2, 29 3 22,65751 Organic chemicals 5,017 4,110 4,676 5,964 6,866 5,093 5,827 5,525 7,033 7,276 8,030 6,909 6,409 63,199

52 Inorganic chemicals 1,933 2,838 2,828 3,002 2,488 2,048 3,378 3,881 2,313 2,878 2,754 2,424 3,488 27,994

53 Dyei ng, tanning and col ouri ng material s 1,527 1,625 1,283 1,324 2,048 1,730 1,826 1,406 958 1,933 1,714 1,869 2,850 16,091

54 Medi cal a nd pha rmac euti ca l pr oducts 17,846 1 6,421 2 5,890 2 5,839 1 7,992 3 0,915 2 0,223 1 9,988 1 9,106 2 0,615 2 4,056 2 1,450 1 6,997 226,074

55 Es senti al o il s, p er fume ma ter ia ls ; toi l et c lea ni ng pr ep ar ati on s 9 ,9 79 7 ,23 2 6,3 99 6 ,9 73 5 ,3 37 9 ,0 40 7 ,00 1 7, 82 2 6 ,9 83 9 ,6 44 7 ,5 85 6 ,02 1 8, 36 5 72,804

56 Fer ti li zer s , ma nufa ctur ed (other than thos e of gr oup 272) 1,771 1,022 2,000 2,474 3,755 1,530 1,401 2,790 3,041 2,234 2,309 3,498 2,217 25,032

57 Pl asti cs i n pri mary forms 12,893 16,647 14,231 15,168 11,079 13,459 13,132 10,149 12,996 11,842 14,818 15,312 15,868 132,185

58 Plastics in non-primary forms 2,234 2,245 2,429 3,390 3,572 3,919 2,572 5,891 4,029 4,487 2,001 2,256 2,261 34,546

59 Chemi cal materi als and products, nes 4,386 5,277 4,870 6,008 3,594 4,132 5,133 5,558 4,699 5,278 4,721 4,727 5,523 48,721

61 Leather, leather manufactures, nes, and dressed furskins 15 3 6 11 9 7 18 15 4 44 5 7 23 125

62 Rubber manufactures, nes 4,984 3 ,999 4 ,406 4 ,164 4 ,075 4 ,498 4 ,470 3 ,860 5 ,272 4 ,238 5 ,593 4 ,289 5 ,487 44,865

63 Cork and wood manufactures (excl. furniture) 321 482 394 412 260 413 288 211 539 454 763 516 492 4,250

6 4 P ap er , p ap erbo ard, a nd a rti c les o f p ap er p ulp , p ap er o r p ap erbo ard 9 ,2 47 8 ,8 40 1 1, 13 1 1 5, 22 5 8 ,8 11 1 0, 39 4 8 ,6 73 8 ,5 18 9 ,1 69 9 ,4 02 1 0, 56 9 1 1, 04 0 1 2, 87 9 102,931

65 Tex ti l e ya rn , f abr ic s, ma de- up a rti cl es , n es , a nd r el ated p rod uc ts 5 ,5 09 5 ,83 8 4,9 48 6 ,4 94 5 ,0 23 5 ,7 31 6 ,42 3 6, 63 0 9 ,5 06 6 ,6 52 6 ,9 14 5 ,37 2 7, 60 2 63,693

66 Non-meta ll ic mi ner al ma nufac tur es , nes 13,930 15,008 16,085 13,824 11,331 10,237 11,530 11,814 14,171 13,075 14,889 13,655 15,195 130,610

67 Iron and steel 25,540 26,181 19,207 23,251 25,117 25,002 23,438 21,015 26,679 30,069 26,235 21,781 18,808 241,795

68 Non-ferrous metals 2,019 3,208 2,844 3,152 1,596 2,356 2,177 1,597 2,461 3,285 1,971 1,634 3,118 23,073


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Macro Economic Policy Department, Performance of the Economy Report, June 2012

Page 23

Appendix 4: Revenue Summary, June 2012

Cumm

Revenue (Shs. billion) Budget Months Months Cumm Target Collections

2011/12 Target Collections Abs Dev Performance 11/12 11/12 Abs Dev Performance

Net URA collections 6,169.26 646.45 752.79 106.34 116.5% 6,169.26 6,135.94 -33.32 99.5%

Direct Domestic Taxes 1,912.29 330.99 391.08 60.09 118.2% 2,033.23 1,991.90 -41.33 98.0%

Indirect Domestic Taxes 1,237.48 95.74 118.74 23.01 124.0% 1,237.48 1,296.51 10.68 104.8%

Taxes on international Trade 2,946.08 225.36 250.33 24.97 111.1% 2,946.08 2,905.31 -40.77 98.6%

Fees and Licenses 120.93 8.40 10.24 1.84 121.9% 120.93 111.22 -9.72 92.0%Total NTR 120.60 6.27 7.28 1.02 116.2% 68.00 65.45 -2.55 96.3%



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Page 24

Appendix 5: Provisional Overall Fiscal Operations in billion Shs, June 2012Prov Prov Prov Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel

Table 1: Overall Fiscal Operations May '11 Jun '11 Jul'11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb '12 Mar '12 Apr '12 May '12 Jun '12 Jul-Jun'12

Revenues and Grants 516.0 655.6 462.5 537.1 536.2 519.1 652.1 898.7 549.4 889.5 630.2 524.7 557.9 919.0 7,676.6

Revenues 431.4 590.7 407.6 491.5 470.9 464.2 468.0 669.3 518.9 806.9 569.1 494.3 508.9 764.6 6,634.1

URA 425.2 575.7 402.2 485.3 466.4 450.3 462.4 661.0 510.3 474.4 487.5 483.8 499.6 752.8 6,135.9

Non-URA 6.2 15.0 5.5 6.1 4.5 13.9 5.6 8.3 8.7 13.0 8.8 10.4 9.3 11.8 105.9

Oil revenues 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 319.5 72.8 0.0 0.0 0.0 392.3

Grants 84.6 65.0 54.8 45.7 65.4 54.9 184.1 229.5 30.5 82.6 61.1 30.5 49.0 154.4 1,042.5

Budget Support 18.8 18.8 33.8 21.6 37.5 33.1 72.1 141.8 6.2 42.2 31.0 10.7 11.4 85.9 527.4

Project Support 65.8 46.1 21.0 24.1 27.8 21.8 112.0 87.7 24.3 40.4 30.1 19.8 37.7 68.5 515.1

Expenditure and Lending 822.4 702.3 734.9 937.3 622.2 710.5 766.6 588.2 1,216.8 761.3 492.2 938.0 712.8 921.3 9,402.0

Expenditure excl arears 821.4 704.4 673.7 870.2 514.2 706.7 758.0 584.7 1,219.4 761.3 499.2 933.8 717.1 924.7 9,163.0

Current Expenditures 489.6 436.6 333.7 518.6 376.9 528.4 471.8 401.4 531.5 498.8 337.4 525.1 498.9 382.4 5,404.9

Wages and Salaries 140.1 146.7 142.6 144.3 148.8 151.8 151.6 148.7 153.4 153.0 149.4 156.5 164.5 160.7 1,825.3

Interest Payments 36.3 41.6 33.2 38.3 48.1 51.7 43.0 49.4 50.5 57.7 73.1 56.7 59.6 55.9 617.3

Domestic 32.0 36.8 31.9 33.3 37.8 35.7 37.4 43.0 41.4 46.8 53.2 49.3 54.8 50.0 514.7

External 4.2 4.8 1.3 5.0 10.3 16.0 5.6 6.4 9.2 10.9 19.8 7.4 4.7 5.9 102.6

Other Recurr. Expenditures 312.0 241.5 157.9 336.0 180.0 324.9 277.2 203.4 327.6 288.1 115.0 311.8 274.8 165.8 2,962.3

Development Expenditures 331.9 267.7 340.0 351.6 137.4 178.3 286.2 183.2 687.9 262.5 161.8 408.8 218.3 542.3 3,758.1

Domestic Development 230.3 150.3 192.7 170.2 64.1 137.5 216.1 88.9 332.6 166.2 67.2 194.6 85.6 195.4 1,911.1

External Development 101.6 117.4 147.3 181.3 73.3 40.8 70.1 94.4 355.3 96.3 94.5 214.2 132.7 346.9 1,847.0

Net Lending/Repayments 0.0 -3.0 1.4 -12.1 0.0 0.0 0.0 -7.1 -6.7 0.0 -7.0 0.0 -4.5 -3.4 -39.4

Domestic Arrears Repaym. 1.0 0.9 59.8 79.1 108.0 3.8 8.5 10.6 4.2 0.0 0.0 4.1 0.1 0.0 278.3

Domestic Balance -285.2 10.6 -178.7 -259.5 -67.8 -189.5 -222.8 181.8 -333.4 152.9 191.2 -222.0 -66.5 196.1 -818.2

Primary Balance -270.2 -5.1 -239.2 -361.8 -37.9 -139.7 -71.4 359.9 -616.8 186.0 211.0 -356.5 -95.3 53.6 -1,108.1

Overall Fiscal Bal. (excl. Grants) -391.0 -111.6 -327.3 -445.8 -151.4 -246.3 -298.5 81.1 -697.9 45.6 76.9 -443.7 -203.8 -156.7 -2,767.8

Overall Fiscal Bal. (incl. Grants) -306.4 -46.6 -272.4 -400.1 -86.0 -191.4 -114.4 310.5 -667.4 128.3 138.0 -413.2 -154.8 -2.3 -1,725.3

Financing: 306.4 46.6 272.4 400.1 86.0 191.4 114.4 -310.5 667.4 -128.3 -138.0 413.2 154.8 2.3 1,725.3

External Financing (Net) -306.4 -46.6 84.2 89.7 2.2 36.0 145.7 88.7 145.0 27.0 13.7 185.1 36.2 268.6 1,121.9

Disbursements 19.9 52.9 90.8 113.5 27.8 63.9 160.8 110.4 153.1 48.8 38.9 202.2 47.4 278.4 1,336.1

o/w Budget support 0.0 0.0 0.0 0.0 0.0 0.0 125.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 125.7o/w Project support 19.9 52.9 90.8 113.5 27.8 63.9 35.1 110.4 153.1 48.8 38.9 202.2 47.4 278.4 1,210.4

Armotization (net) -12.2 -19.3 -6.5 -23.8 -25.6 -27.9 -15.1 -21.8 -8.1 -21.9 -25.2 -17.2 -11.2 -9.8 -214.1

Other Financing (net) 284.3 184.6 188.2 310.4 83.8 155.4 -31.2 -399.2 522.4 -155.2 -151.6 228.1 118.6 -266.3 603.4

Bank Financing (Net ) 353.1 95.7 -245.0 -0.6 270.8 59.3 -156.2 -361.6 -21.0 -139.6 -330.5 -68.5 94.6

1/ Includes errors & ommiss ions

2/ May differ from donor project disbursements on account of net changes in deposits and is subject to monthly revisions as new information is Obtained.

*The numbers for project grants, project loans and external development (July 2011-April were revised in May 2012 to reflect new information on project support disbursements


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Page 25


Appendix 6: Consolidated Expenditures excl Donor Projects in billion Shs, June 2012

Prov Prov Prov Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Pre Prel

May '11 Jun '11 Jul'11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb '12 Mar '12 APr '12 May'12 Jun'12 Jul-Jun12

Security 131.4 57.8 29.0 157.5 88.9 95.9 49.8 93.5 104.9 88.2 53.1 67.1 120.8 54.1 1002.6

Roads & Works 29.3 34.3 47.8 127.0 33.0 12.6 142.5 34.0 62.5 150.6 31.3 25.5 65.5 79.5 811.8

Agriculture 9.2 37.3 46.7 11.3 11.1 23.4 16.3 9.2 81.4 14.2 2.2 8.1 8.7 25.2 257.8

Education 73.1 86.6 130.4 98.5 68.8 167.2 78.7 66.8 118.5 82.4 65.6 109.2 95.3 70.5 1152.0

Health 32.6 97.3 44.8 39.5 56.5 54.7 51.1 52.6 82.5 31.1 20.3 72.1 38.6 43.7 587.6

Water & Environment 8.0 4.8 14.8 16.4 5.3 18.4 8.6 11.4 9.8 6.9 2.0 23.6 7.4 12.2 137.0

Justice, Law & Order 35.1 71.1 21.8 73.8 30.3 37.5 75.8 52.0 44.9 76.5 27.9 64.4 41.7 50.1 596.7

Accountability 23.4 32.0 41.6 27.9 22.8 27.1 35.7 19.6 39.4 28.1 19.5 35.0 24.1 33.3 353.9

Energy & Minerals 2.2 8.7 0.2 3.0 12.5 6.7 67.3 8.6 124.1 13.4 19.7 84.5 26.9 34.2 401.0

Tourism, Trade & Industry 2.5 4.6 0.3 4.6 1.8 3.5 3.9 7.1 3.1 4.1 2.6 3.7 3.8 3.4 42.0

Lands, Housing & Urban Development 1.1 1.9 1.6 3.1 2.0 1.9 1.5 2.8 1.5 1.8 1.2 3.7 8.6 2.1 31.8

Social Development 1.3 2.5 3.4 2.3 0.7 3.7 1.1 1.7 3.4 1.4 0.8 4.0 1.4 1.1 25.0

Information & Communication Technology 0.5 7.9 0.8 0.3 1.5 0.7 0.9 1.5 0.7 1.1 0.2 0.7 3.7 0.5 12.8

Public Sector Management 34.1 48.0 63.9 48.8 35.3 94.6 42.9 31.9 87.2 46.4 46.0 84.7 45.7 41.7 669.1

Public Administration 39.9 25.2 36.4 19.6 8.3 46.2 46.0 24.1 34.4 18.1 17.6 43.1 22.0 46.9 362.8

Parliament 11.0 25.3 9.7 16.9 13.8 20.0 22.8 23.9 15.1 43.1 21.8 33.7 10.6 23.5 254.9

Interest Payments Due 34.8 41.6 33.2 38.3 48.1 51.7 43.0 49.4 50.5 57.7 73.1 56.7 59.6 56.3 617.6

Domestic Interest 29.1 36.8 31.9 33.3 37.8 35.7 37.4 43.0 41.4 46.8 53.2 49.3 54.8 50.0 514.7

External Interest 5.6 4.8 1.3 5.0 10.3 16.0 5.6 6.4 9.2 10.9 19.8 7.4 4.7 6.3 103.0

Total Centre 254.4 456.0 234.4 554.7 317.9 368.3 570.6 366.7 558.3 530.5 254.0 476.0 439.9 446.6 5117.9

Total Local Government Programmes 81.7 89.4 258.8 95.8 74.9 245.9 74.3 74.2 255.3 76.8 77.6 186.9 85.0 77.9 1583.4

Total Interest 34.8 41.6 33.2 38.3 48.1 51.7 43.0 49.4 50.5 57.7 73.1 56.7 59.6 56.3 617.6

Grand total 370.8 587.0 526.4 688.9 441.0 665.9 687.9 490.3 864.1 665.0 404.7 719.6 584.5 578.2 7316.4Source: Ministry of Finance Planning and Economic Development


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Page 26

Appendix 7: Salaries by National Budgetary Framework Sector Classifications in billion Shs, June 2012

Prov Prov Prov Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel

May '11 Jun '11 Jul'11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb '12 Mar '12 Apr '12 May'12 Jun'12 Jul-May'12

Security 25.1 25.9 24.0 24.2 26.5 25.1 25.2 25.8 25.7 25.4 25.6 25.8 28.2 31.0 312.7

Roads & Works 1.8 2.3 1.6 1.9 1.8 1.6 2.0 1.8 1.9 2.1 1.8 2.0 2.0 2.1 22.8Agriculture 1.9 3.4 0.4 4.1 2.3 0.7 3.9 2.4 0.6 3.8 0.5 0.6 0.5 1.7 21.5

Education 62.3 67.3 60.3 57.4 60.1 59.6 58.7 58.2 63.2 61.2 62.2 64.0 64.9 61.6 731.2

Health 16.8 18.0 16.3 16.7 17.4 16.8 17.8 17.4 17.2 17.3 16.9 17.8 17.7 16.9 206.2



Accountability 1.6 3.5 9.2 7.3 7.5 9.0 7.6 7.4 9.2 7.5 7.3 9.5 7.7 7.7 96.9

Energy & Minerals 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.2 2.4


Lands, Housing & Urban Development 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 2.1Social Development 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.2 1.7




Parliament 1.1 2.0 1.3 1.3 1.3 1.3 1.3 1.4 1.3 1.3 1.4 1.3 1.3 2.3 17.0




Total Centre 63.4 69.2 70.5 70.9 73.9 76.4 77.3 74.5 74.8 76.2 71.8 76.3 80.6 82.8 906.1Total Local Government Programmes 77.8 84.3 72.1 73.4 74.9 75.3 74.3 74.2 78.6 76.8 77.6 80.2 84.0 77.9 919.3

Total Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Grand total 141.3 153.5 142.6 144.3 148.8 151.8 151.6 148.7 153.4 153.0 149.4 156.5 164.5 160.7 1,825.3Source: Ministry of Finance Planning and Economic Development


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Page 27

Appendix 8: Non-Wage recurrent Expenditures by National Budgetary Framework Sector Classifications in billion Shs, June 2012


May '11 Jun '11 Jul'11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb'12 Mar '12 Apr '12 May '12 Jun'12 Jul-Jun'12

Security 104.5 28.5 5.0 132.4 61.4 68.1 22.9 65.5 76.7 62.6 25.5 39.4 88.3 20.9 668.7

Roads & Works 56.8 10.1 0.4 61.0 8.5 1.6 73.2 4.4 1.3 67.9 0.4 1.1 54.6 3.2 277.7

Agriculture 0.6 2.6 2.5 5.0 2.9 4.0 3.5 1.1 4.7 2.2 0.5 2.5 2.1 5.2 36.1

Education 8.2 14.9 45.0 28.4 4.1 79.8 15.5 5.6 47.4 13.6 1.1 25.4 24.3 3.9 294.2

Health 19.6 67.8 12.4 16.5 38.6 22.9 30.8 34.2 53.3 12.3 2.1 42.6 16.3 23.4 305.3



Accountability 17.6 19.5 12.3 13.0 10.2 15.6 16.3 8.5 17.1 14.3 7.5 19.5 12.7 14.9 161.9

Energy & Minerals 0.0 0.3 0.0 0.7 0.3 0.1 0.3 0.6 0.2 0.4 0.2 0.2 0.1 0.3 3.4


Lands, Housing & Urban Development 0.5 0.3 1.4 0.9 0.5 1.6 1.0 0.6 1.2 1.0 0.5 2.6 1.2 0.7 13.2

Social Development 0.9 0.7 3.2 0.9 0.5 3.4 1.0 0.6 2.9 1.0 0.5 3.8 1.2 0.7 19.7




Parliament 10.0 23.0 8.3 13.6 12.5 18.1 18.3 22.5 12.8 40.8 20.4 32.3 9.1 20.2 228.9




Total Centre 308.8 236.5 82.3 336.0 180.0 238.8 277.2 203.4 253.9 288.1 115.0 258.9 274.8 165.8 2674.1


Total Interest 36.3 41.6 33.2 38.3 48.1 51.7 43.0 49.4 50.5 57.7 73.1 56.7 59.6 56.3 617.6

Grand total 348.3 283.1 191.1 374.3 228.1 376.6 320.2 252.8 378.1 345.8 188.0 368.6 334.4 222.1 3580.0Source: Ministry of Finance Planning and Economic Development


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Page 28

Appendix 9: Domestic Development Expenditures in billion Shs, June 2012Prov Prov Prov Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel Prel

May '11 Jun '11 Jul'11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb'12 Mar '12 Apr '12 May '12 Jun'12 Jul-May'12

Security 1.8 3.5 0.0 0.8 1.0 2.6 1.6 2.2 2.5 0.2 2.0 1.8 4.2 2.2 21.1

Roads & Works 66.8 21.9 45.8 64.1 22.6 9.4 67.3 27.8 59.4 80.6 29.1 22.4 8.9 74.2 511.4Agriculture 22.5 31.3 43.7 2.2 6.0 18.8 8.9 5.7 76.1 8.2 1.2 5.0 6.1 18.3 200.2

Education 12.4 4.4 25.0 12.8 4.6 27.9 4.6 3.1 7.9 7.6 2.2 19.9 6.1 5.0 126.6

Health 5.4 11.4 16.1 6.3 0.5 15.0 2.5 1.0 12.0 1.6 1.4 11.7 4.6 3.4 76.2



Accountability 5.1 9.0 20.0 7.6 5.1 2.5 11.8 3.6 13.1 6.4 4.7 6.0 3.7 10.7 95.1

Energy & Minerals 96.0 8.2 0.0 2.1 12.0 6.4 66.8 7.7 123.7 12.8 19.3 84.1 26.6 33.7 395.2


Lands, Housing & Urban Development 1.6 1.4 0.0 2.0 1.4 0.1 0.3 2.1 0.2 0.6 0.5 0.9 7.2 1.2 16.6Social Development 0.2 1.7 0.0 1.3 0.1 0.1 0.0 0.9 0.3 0.2 0.1 0.0 0.1 0.3 3.5




Parliament 0.0 0.3 0.0 2.0 0.0 0.6 3.1 0.0 1.0 1.0 0.0 0.1 0.2 1.0 9.0




Total Centre 227.2 150.3 81.6 147.8 64.1 53.0 216.1 88.9 229.6 166.2 67.2 140.7 84.5 198.0 1537.7


Total Interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Grand total 230.3 150.3 192.7 170.2 64.1 137.5 216.1 88.9 332.6 166.2 67.2 194.6 85.6 195.4 1911.1



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Page 29

Appendix 10: Donor Project Disbursements in billion Shs, June 2012


May '11 Jun '11 Jul'11 Aug '11 Sep '11 Oct '11 Nov '11 Dec '11 Jan '12 Feb'12 Mar'12 Apr'12 May'12 Jun'12 Jul-Apr'12

Security 19.80 28.85 15.97 12.51 5.35 12.47 2.86 25.52 12.80 12.31 14.39 - 18.76 47.12 180.05

Roads & Works 4.66 1.50 27.07 58.95 13.56 18.63 6.33 44.44 2.55 25.45 16.22 83.71 8.97 161.45 467.33

Agriculture 0.29 12.55 2.98 0.68 0.13 5.34 4.45 11.74 0.80 0.09 0.86 20.81 3.79 4.41 56.08

Education 3.60 1.02 1.17 - 1.61 3.59 5.21 24.59 1.27 2.02 1.77 15.84 14.17 56.45 127.69

Health 16.66 14.15 0.47 5.82 1.36 6.27 19.03 16.41 1.79 19.04 14.71 1.63 6.54 31.71 124.80


Justice, Law & Order 0.67 0.92 0.17 - 0.07 - 0.03 0.16 - 0.20 - 0.05 0.03 - 0.71

Accountability 7.42 7.18 6.90 4.08 16.20 11.32 11.52 6.64 0.31 3.39 1.41 4.05 0.04 11.39 77.25

Energy & Minerals 16.11 9.54 4.11 16.56 3.38 19.89 25.34 30.57 4.95 10.58 9.42 3.39 25.64 4.65 158.48

Tourism, Trade & Industry - 0.15 0.19 4.94 0.47 0.02 0.40 0.05 11.70 - 0.07 - 0.37 2.99 21.22

Lands, Housing & Urban Development - - - - 2.11 0.56 - - - 0.33 - - - - 3.00Social Development - - - - 0.91 - - - - 1.88 - 0.05 1.74 - 4.58

Information & Communication Technology - - - - - - - - 0.66 - - - - 4.41 5.07


Public Administration - - - 0.04 - - 12.97 - 0.16 - 0.14 - - 0.19 13.48

Parliament - - - - - - - 0.02 0.01 - - - - - 0.04

Interest Payments Due - - - - - - - - - - - - - - -

Domestic Interest - - - - - - - - - - - - - - -

External Interest - - - - - - - - - - - - - - -

Total Centre 85.65 99.01 111.81 137.65 55.62 85.63 147.16 198.08 177.37 89.28 68.99 222.02 85.08 369.08 1,747.75Total Local Government Programmes - - - - - - - - - - - - - - -

Total Interest - - - - - - - - - - - - - - -

Grand total 85.65 99.01 111.81 137.65 55.62 85.63 147.16 198.08 177.37 89.28 68.99 222.02 85.08 369.08 1,747.75


performance of uganda economy report june 2012

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