Uganda: First Review Under the Policy Support Instrument and Modifications to Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

June 20, 2007

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Format: Chicago

Uganda: First Review Under the Policy Support Instrument and Modifications to Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

The staff report for the First Review under the Policy Support Instrument and Modifications to Assessment Criteria discusses Uganda’s medium-term expenditure framework (MTEF). The MTEF aims at higher public savings based on spending restraint and a rising domestic revenue ratio. The Bank of Uganda (BOU) will rely on a combination of foreign exchange sales and open market operations to sterilize liquidity. Better and more extensive transport networks and expansion of the pool of long-term savings are also critical for sustainable economic growth.

Subject: Arrears, Balance of payments statistics, Budget planning and preparation, Economic and financial statistics, Financial statistics, Foreign exchange, Government finance statistics, Inflation, Monetary statistics

Keywords: Assistance, Balance of payments statistics, CR, Debt management strategy, Executive Board discussion, Financial statistics, Global, Government, Government finance statistics, IMF's framework, Inflation objective, ISCR, Monetary statistics, PSI-supported program, Strategy

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/212
Stock No:

1UGAEA2007002
ISBN:

9781451838831
ISSN:

1934-7685

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