Uganda: Fourth Review under the Extended Credit Facility Arrangement, Requests for a Waiver of Nonobservance of a Performance Criterion and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Uganda

June 26, 2023

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Format: Chicago

Uganda: Fourth Review under the Extended Credit Facility Arrangement, Requests for a Waiver of Nonobservance of a Performance Criterion and Modification of a Performance Criterion-Press Release; Staff Report; and Statement by the Executive Director for Uganda, (USA: International Monetary Fund, 2023) accessed December 26, 2024

Summary

The outlook remains challenging. While the economy is recovering from shocks induced by the war in Ukraine and the Ebola outbreak, the recent global market turmoil, and potential spillovers from the conflict in Sudan pose new policy challenges. The authorities have reacted to the shocks with support to vulnerable households, an appropriate monetary policy stance to contain inflation, and fiscal consolidation to contain vulnerabilities.

Subject: Credit, Debt sustainability, External debt, International organization, Monetary policy, Money, Public debt, Revenue administration

Keywords: Core inflation, Credit, Debt sustainability, Excise duty regime, FX reserves-financed government import, Global, Monetary policy implementation, Steadfast adherence

Publication Details

Pages:

122
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/229
Stock No:

1UGAEA2023003
ISBN:

9798400244964
ISSN:

1934-7685

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