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

Publication Date:

June 20, 2007

Electronic Access:

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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.

Series:

Country Report No. 2007/212

Subject:

English

Publication Date:

June 20, 2007

ISBN/ISSN:

9781451838831/1934-7685

Stock No:

1UGAEA2007002

Pages:

60

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