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Finance ministry permanent secretary Ramathan Ggoobi has said the Government is committed to delivering services to all Ugandans efficiently and effectively.

He made the remarks while appearing before the Public Accounts Committee of parliament on Tuesday, March 19, over issues raised in the audited accounts for the country's Consolidated Fund for the financial year ended June 30, 2023.

Ggoobi, who is also the country’s secretary to the treasury, was accompanied by Accountant General Lawrence Semakula and other members of the ministry’s top technical team.  

Analysts say the challenge of service delivery represents one of the difficulties in the way of socio-economic transformation and for most people, the gaps in service delivery, particularly in health and education are easily explained by corruption of leaders at national or local governance level.  

MFPED Directors Ambrose Promise and Moses Kagwa before PAC Central. (Photo by Maria Wamala)

Ggoobi also told the committee chaired by Butambala County MP Muwanga Kivumbi that the Government is implementing the domestic revenue mobilisation and debt management strategies to reduce the debt burden in addition to improving public investment management and sustainable public procurement.

Muhammad Muwanga Kivumbi MP for Butambala County and chairperson PAC Central displays the rejected ministry of finance report. (Photo by Maria Wamala)

The total public debt stock as at end of June 2023 was sh86.78 trillion and out of this, government securities accounted for sh34.57 trillion and external debt was sh52.21 trillion.

According to the finance ministry, the drivers of public debt include rising expenditure requirements and higher interest rates on borrowing.