Uganda: Sixth Review Under the Policy Support Instrument and Request for a One-Year Extension-Press Release; Staff Report; and Statement by the Executive Director for Uganda
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper review Uganda’s economic performance under the program supported by the Policy Support Instrument. Despite sluggish growth in credit to the private sector, GDP growth has been supported by the implementation of large public investments. Inflation has started to decelerate toward the medium-term target, allowing for monetary policy easing. Adverse weather developments, regional and global-political and economic uncertainties, and post-election fiscal pressures may challenge the achievement of short-term growth and inflation objectives. However, provided progress on structural reforms is accelerated, the medium-term outlook remains positive, supported by future oil production, increased regional integration and inter-regional trade, and implementation of significant infrastructure projects.
Series:
Country Report No. 2016/145
Subject:
Economic and financial statistics Expenditure Government finance statistics Public debt Public investment and public-private partnerships (PPP) Public investment spending
English
Publication Date:
June 9, 2016
ISBN/ISSN:
9781484382547/1934-7685
Stock No:
1UGAEA2016001
Pages:
74
Please address any questions about this title to publications@imf.org