Finance ministry stops entry of projects without feasibility studies
Uganda, Nov. 11 -- The Ministry of Finance has said there will be no more entry of development projects in public investment plans that have no feasibility studies.
The move, which seeks to improve public investment management and stop cost overrun, will also strengthen institutions in terms of building capacity of institutions across the entire project cycle, construct assets efficiently and at minimum costs.
While responding to questions during the launch of the updated national parameters and commodity specific conversion factors in Kampala, yesterday, Mr Laban Mbulamuko, the Ministry of Finance director budget, said no projects will be entered in the Public Investment Plan without feasibility studies.
"All the new development proje...
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