Uganda: 2002 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uganda

March 26, 2003

Preview Citation

Format: Chicago

Uganda: 2002 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uganda, (USA: International Monetary Fund, 2003) accessed November 22, 2024

Summary

This 2002 Article IV Consultation highlights that since the conclusion of the last Article IV consultation in March 2001, Uganda has continued to implement disciplined financial policies and sound structural reforms that have helped to sustain robust economic growth despite an adverse external environment. In 2001/02 (July–June), real GDP growth increased to 6.6 percent, boosted by highly favorable weather conditions for agriculture and a surge in construction activity from a pickup in investment. A sharp drop in food crop prices resulted in negative headline inflation of -2.5 percent during the year.

Subject: Budget planning and preparation, Expenditure, Exports, External debt, International trade, Poverty, Poverty reduction, Public financial management (PFM)

Keywords: Africa, Authorities to the fund management, Authority, Budget planning and preparation, CR, Deficit, East Africa, Exports, Global, Government, Government balance, Government's liability, Headline inflation, Inflation, ISCR, Poverty reduction, Prudent monetary policy, Real GDP, Southern Africa, Steadfast commitment, Sub-Saharan Africa

Publication Details

Pages:

73
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/083
Stock No:

1UGAEA0012003
ISBN:

9781451838657
ISSN:

1934-7685

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