Uganda: Fifth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; and Press Release

July 7, 2009

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Format: Chicago

Uganda: Fifth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; and Press Release, (USA: International Monetary Fund, 2009) accessed December 24, 2024

Summary

This paper discusses key findings of the Fifth Review under the policy support instrument for Uganda. Strong fundamentals and prudent economic policies of the past give Uganda scope to implement measured countercyclical policies without undermining macroeconomic stability. Monetary policy has been gradually eased in the face of the dry-up in private external financing. In spite of the slowdown-induced shortfall in tax revenue, the fiscal authorities are committed to accelerate and improve execution of investment spending to provide a positive impulse to growth and remove critical bottlenecks.

Subject: Banking, Budget planning and preparation, Central banks, Credit, Expenditure, International reserves, Money, Public debt, Public financial management (PFM)

Keywords: Budget planning and preparation, Core inflation, CR, Credit, FAD mission, Financial crisis, Financial system, Global, Growth, IMF's framework, International reserves, ISCR, PSI-supported program, Uganda's PSI

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/202
Stock No:

1UGAEA2009003
ISBN:

9781451838886
ISSN:

1934-7685

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