This briefing presents a value for money analysis of the Uganda Cash Consortium's multi-purpose cash transfer programme implemented between May 2021 and June 2022. Using the Dioptra costing methodology, it assesses programme economy, efficiency, effectiveness and equity, with a particular focus on the Cost Transfer Ratio (CTR). The analysis identifies key drivers of cost-efficiency, including transfer size, programme scale and delivery modalities, and highlights practical opportunities to improve cash programming through streamlined verification processes, multi-month transfers and stronger investment in local partners.