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
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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.
Series:
Country Report No. 2013/215
Subject:
Banking Budget planning and preparation Economic and financial statistics Government finance statistics Inflation Inflation targeting Prices Public financial management (PFM) Revenue administration
English
Publication Date:
July 19, 2013
ISBN/ISSN:
9781484382059/1934-7685
Stock No:
1UGAEA2013002
Pages:
104
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