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

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

July 19, 2013

Electronic Access:

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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. 13/215

Subject:

English

Publication Date:

July 19, 2013

ISBN/ISSN:

9781484382059/1934-7685

Stock No:

1UGAEA2013002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

104

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