The Minister of Finance, Planning and Economic Development Commends the DPF Board for Strong Stewardship, Urges Greater Public Awareness – December 10, 2025
The Minister of Finance, Planning and Economic Development, Hon. Matia Kassaija hosted the Deposit Protection Fund Board of Directors to receive an update on the Fund’s performance and achievements. The bi-annual meeting is intended to appraise the Minister on the Fund’s progress, including highlights from the financial year ended June 30, 2025, and the quarter ended September 30, 2025.
The Board reported steady growth and key milestones that underscore the Fund’s role in safeguarding financial stability. These included;
- A 22.3% increase in total investments as of June 2024 orchestrated by growth in interest income earned on investments in Government of Uganda treasury instruments (70%) and income derived from premiums (30%) of Contributing Institutions.
- The Fund audited financial statements for the year ended June 30, 2025 submitted to the Auditor General which received an unqualified opinion.
- The cost to investment income ratio stood at 11% which was within the acceptable limit of 25%.
- The Fund undertook extensive awareness campaigns across various media channels such as; radio, television, and in print media, and through digital channels such as social media and the DPF website. Relatedly, outreach activities were held including townhall meetings and participation in exhibitions.
- The Fund has continued to attract admiration from the regional peers on the progress and strides made on the various aspects of Deposit Protection. In August 2025, DPF hosted Board members from the Kenya Deposit Insurance Corporation for a benchmarking visit focused on payout readiness and public awareness strategies. On the other hand, the Deposit Guarantee Fund of Rwanda expressed interest to visit in January 2026, to learn more about the Fund’s payout processes.
In his remarks, the Hon. Matia Kasaija applauded the Board for its exemplary stewardship, noting the positive trajectory of the Fund since inception. He emphasized, however, the need for greater public awareness to ensure that citizens across the country fully understand the mandate of the DPF and its contribution to the resilience of the financial sector.
The Board Chairman conveyed the gratitude of the Board and staff to the Minister for his continued support and guidance. He pledged the Board’s commitment to sustaining the Fund’s growth and aligning its work with the broader National Social Economic Transformation initiatives.
The meeting is a testament of the shared vision between the Ministry and the DPF to strengthen financial sector stability while enhancing public confidence through transparency and awareness.
