Uganda: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda

June 30, 2021

Preview Citation

Format: Chicago

Uganda: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda, (USA: International Monetary Fund, 2021) accessed November 2, 2024

Summary

The Ugandan authorities reacted swiftly to the COVID-19 crisis, locking down the economy, saving lives and avoiding a public health crisis. However, the resulting economic and social costs have been high. Per capita GDP growth remains below pre-pandemic levels, poverty gains have been reversed, fiscal balances have deteriorated, and pressures on external buffers remain high.

Subject: COVID-19, Credit, Debt service ratios, External debt, Health, International organization, Monetary policy, Money, Public debt

Keywords: Africa, Cargo truck drivers, COVID-19, Credit, Debt service ratios, ECF program, Global, Introduced lockdown, Lockdown measure, Positivity rate, Pro-business reform

Publication Details

Pages:

124
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/141
Stock No:

1UGAEA2021001
ISBN:

9781513584638
ISSN:

1934-7685

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