Uganda : Third Review Under the Policy Support Instrument, Request for Waiver of Nonobservance of an Assessment Criterion, and Request for Modification of Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

Author/Editor:

International Monetary Fund

Publication Date:

June 5, 2012

Electronic Access:

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Summary:

This paper presents key findings of the Third Review for Uganda under the policy support instrument. Monetary policy has been tightened significantly to reduce core inflation, supported by a contractionary fiscal stance. All but one of the seven quantitative assessment criteria were met at end-June; most structural benchmarks were met, although several with delay. Tighter monetary and fiscal policies in the near term aim to reduce inflation rapidly, while medium-term policies strive to create fiscal space to support stepped-up public infrastructure investment.

Series:

Country Report No. 12/125

Subject:

English

Publication Date:

June 5, 2012

ISBN/ISSN:

9781475503975/1934-7685

Stock No:

1UGAEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

71

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