Uganda: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Uganda

Publication Date:

September 11, 2024

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Uganda's economic recovery is strengthening on the back of low inflation, favorable agricultural production, and strong activity in industrial and services sectors. The envisaged start of oil production in late 2025 is expected to further boost growth and improve fiscal and external balances in the medium term. Risks are mostly on the downside, including continued fallout from the Anti-Homosexuality Act (AHA), which complicates already tight external financing conditions, potential delays in oil production, and climate-related shocks.

Series:

Country Report No. 2024/290

Subject:

Frequency:

regular

English

Publication Date:

September 11, 2024

ISBN/ISSN:

9798400288821/1934-7685

Stock No:

1UGAEA2024002

Format:

Paper

Pages:

115

Please address any questions about this title to publications@imf.org