Abstract

This review explores the crucial nexus between financial
management and the learning environment within government-aided primary
schools in Ibanda Municipality, Uganda. Education in developing nations
heavily depends on the efficient allocation and utilization of funds, directly
impacting the quality of education and overall learning experience for
students. Drawing upon a comprehensive analysis of selected schools in
Ibanda Municipality, this review investigates the diverse financial
management strategies employed and their subsequent influence on essential
educational components, including infrastructure, teaching resources, and
student welfare. This review research revealed that there is a direct correlation
between effective financial management and the overall enhancement of the
learning environment. Schools with robust financial planning mechanisms
demonstrate improved infrastructure, better teacher-student ratios, and
enhanced availability of educational resources whereas those schools facing
financial constraints struggle to survive financially which affects the quality
of education. Moreover, this review sheds light on the challenges faced by
schools in resource allocation and highlights potential solutions to enhance
financial sustainability. It emphasizes the need for strategic financial
planning, transparent budgeting, and community involvement to ensure the
effective utilization of limited resources.