IMF Staff Country Reports

Uganda: 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and Cancellation of Current Policy Support Instrument—Staff Report;Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

July 19, 2013

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Uganda: 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and Cancellation of Current Policy Support Instrument—Staff Report;Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda, (USA: International Monetary Fund, 2013) accessed September 20, 2024

Summary

This paper focuses on Uganda’s 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and cancellation of Current Policy Support Instrument. Driven mainly by investment and trade, growth has recovered to about 5 percent, a stronger than expected rebound from the low 3½ percent expansion registered last year. Fast implementation of road construction, the start of operations of the Bujagali hydropower plant, and a good harvest boosted aggregate demand. Envisaged public finance management reforms are set to address the problems of persistent under budgeting, arrears accumulation, and failure to sanction financial irregularities.

Subject: Banking, Budget planning and preparation, Economic and financial statistics, Government finance statistics, Inflation, Inflation targeting, Prices, Public financial management (PFM), Revenue administration

Keywords: Africa, Authority, Budget planning and preparation, Core inflation, CR, Global, Government endeavor, Government finance statistics, IMF's framework, Inflation, ISCR, ITL regime, Management bill, Medium term strategy of the authorities, Monetary management, Monetary policy

Publication Details

  • Pages:

    104

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2013/215

  • Stock No:

    1UGAEA2013002

  • ISBN:

    9781484382059

  • ISSN:

    1934-7685

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