Uganda: Seventh Review Under the Policy Support Instrument, Request for a New Policy Support Instrument and Cancellation of Current Policy Support Instrument: Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda.

May 17, 2010

Summary

This paper discusses key findings of the Seventh Review Under the Policy Support Instrument (PSI) for Uganda. The medium-term outlook for Uganda remains favorable but risks are on the rise. Growth is expected to rebound to its potential in the coming two years on the heels of a supportive fiscal stance and higher global and regional growth. It remains vulnerable to exogenous shocks as well as to election-related uncertainties. IMF staff supports the authorities’ request for a new three-year PSI to anchor their near- and medium-term policies.

Subject: Expenditure, External debt, Fiscal policy, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: authorities' drive, cancellation, CR, debt, EAC integration agenda, Global, infrastructure development, ISCR, monetary management, NDP objective, policy support, psi-supported program, Public and publicly-guaranteed external debt, real GDP, request, Uganda

Pages:
79
Volume:
2010
DOI:
https://doi.org/10.5089/9781455204366.002
Issue:
132
Series:
Country Report No. 2010/132
Stock No:
1UGAEA2010002
ISBN:
9781455204366
ISSN:
1934-7685

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