Maria Kiwanuka Minister of Finance The Uganda Government attaches great importance to the optimal management of oil resources right from exploration, through production and investment of the proceeds, said Maria Kiwanuka, the Minister of Finance. It will, therefore, insist on transparency and accountability as well as balancing of interests to ensure sustainable and inclusive management of petroleum resources as part of the transformation process of the Ugandan economy. To promote transparency, the Government has already put in place a number of oil policies, laws and institutions to ensure prudent management of the oil and gas resources. In particular, the Parliament has already discussed or is in the process of discussing the following legislation; Petroleum Exploration and Production; Petroleum Refining, Gas Processing and Conversion, Transportation and Storage; The Public Finance Bill 2012, which contains the petroleum revenue management framework. Kiwanuka e...