IMF -- Resident Representative Office in Uganda

Kampala, Uganda

Kampala

Uganda Resident Representative Site

Resident Representative Office in Uganda

This web page presents information about the work of the IMF in Uganda, including the activities of the IMF Resident Representative Office. Additional information can be found on the Uganda and IMF country page, including IMF reports and Executive Board documents that deal with Uganda.

At a Glance : Uganda's Relations with the IMF

Current IMF membership: 186 countries
Uganda joined the Fund on September 27, 1963
Quota: SDR 180.50 million
Outstanding loans: Enhanced Structural Adjustment Facility (ESAF)/Poverty Reduction and Growth Facility (PRGF) arrangements SDR 6.00 million
The last Article IV Executive Board Consultation was on January 07, 2009 (Country Report 09/79)
The Fund has maintained a resident representative in Uganda since July 1982

News — Highlights

IMF Pushes on Aid for Africa, Revival of World Trade Talks

The International Monetary Fund (IMF), worried that economic gains in Africa will slip away because of the global downturn, is pressing advanced countries to honor, and even scale up, aid commitments and called for a revival of stalled world trade negotiations.

Beyond Macroeconomic Stability: The Quest for Industrialization in Uganda

Uganda has registered one of the most impressive economic turnarounds of recent decades. The amelioration of conflict and wide ranging economic reforms kick-started rapid economic growth that has now been sustained for some 20 years.
Prepared by Abebe Aemro Selassie; September 2008

Uganda and the IMF

Uganda -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 13, 2009

June 30,2009
PDF File Size: 389Kb

Press Release: IMF Executive Board Completes Fifth Review Under the Policy Support Instrument for Uganda

June 4,2009

Press Release: Statement by IMF Staff Mission to Uganda

April 9,2009

Uganda: 2008 Article IV Consultation and Fourth Review Under the Policy Support Instrument - Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

March 5,2009
Series: Country Report No. 09/79

Uganda -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 05, 2008

March 3,2009
PDF File Size: 422Kb

Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

The global financial crisis has worsened significantly the economic outlook for sub-Saharan Africa. Demand for African exports and commodity export prices have fallen, and remittance flows may be weakening. Tighter global credit and investor risk aversion have led to a reversal of portfolio inflows, less favorable conditions for trade finance, and could lower foreign direct investment. As a result, growth has started to slow markedly and fiscal and balance of payments pressures are mounting. Risks remain high and the prospects for recovery remain uncertain. Financial systems in the region have so far been resilient to the global crisis, but the economic slowdown is likely to increase credit risk and nonperforming loans and weaken financial institutions’ balance sheets. Sub-Saharan African countries should seek to contain the adverse impact of the crisis on economic growth and poverty, while preserving important hard-won gains of recent years, including macroeconomic stability and debt sustainability.

Resident Representative for Uganda

Abebe Aemro Selassie
Senior Resident Representative in Uganda
Kampala, Uganda
E-mail: rr-uga@imf.org
Tel: 256 (0) 414 233 955