IMF Staff Country Reports

Uganda: 2006 Article IV Consultation and Staff Report for the 2006 Article IV Consultation, First Review of the Policy Support Instrument, Request for Waiver of Assessment Criteria, and Request for a Three-Year Policy Support Instrument: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

January 30, 2007

Download PDF

Preview Citation

Format: Chicago

Uganda: 2006 Article IV Consultation and Staff Report for the 2006 Article IV Consultation, First Review of the Policy Support Instrument, Request for Waiver of Assessment Criteria, and Request for a Three-Year Policy Support Instrument: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda, (USA: International Monetary Fund, 2007) accessed December 22, 2024

Summary

This 2006 Article IV Consultation highlights that an acute electricity crisis threatens Uganda’s macroeconomic performance. The regional drought in 2005/06 reduced Uganda’s already inadequate hydropower-generating capacity, resulting in a production gap of nearly one-half of demand. The authorities have requested a new three-year policy support instrument in support of their near- and medium-term policies. The authorities’ main objectives are to sustain macroeconomic stability while tackling the ongoing electricity crisis and addressing other infrastructure deficiencies to alleviate existing constraints on growth.

Subject: Arrears, Asset and liability management, Budget planning and preparation, Debt relief, External debt, Foreign exchange, Infrastructure, National accounts, Poverty, Poverty reduction

Keywords: Arrears, CR, Debt relief, Executive Board discussion, GDP, Government, Government budget strategy, IMF's Policy Support Instrument, Infrastructure, Infrastructure bottleneck, ISCR, Policy, Poverty reduction, PSI-supported program, Sub-Saharan Africa

Publication Details

  • Pages:

    92

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/029

  • Stock No:

    1UGAEA2007001

  • ISBN:

    9781451838824

  • ISSN:

    1934-7685

You May Also Be Interested In...

How Has Dollarization Served Timor-Leste So Far?

December 20, 2024

Ukraine: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

December 20, 2024

Islamic Republic of Mauritania: Staff Report for the 2024 Article IV Consultation, Third Review Under the Arrangements Under the Extended Credit Facility and Extended Fund Facility, Request for Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania

December 20, 2024

On Cross-Border Crypto Flows: Measurement Drivers and Policy Implications

December 20, 2024