Uganda: 2008 Article IV Consultation and Fourth Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
Electronic Access:
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Summary:
The staff report for Uganda’s combined 2008 Article IV Consultation and Fourth Review Under the Policy Support Instrument is presented. Building on a foundation of two decades of sound policies, Uganda achieved an impressive economic performance, with high growth, low inflation, and steady poverty reduction. The deteriorating economic environment could expose weaknesses in banks’ risk management practices, gaps in home-host supervisory arrangements, operational risks as financial innovation outpaces banks’ systems and controls, and increasing risk appetite owing to intensifying competition from the surge of new banks.
Series:
Country Report No. 2009/079
Subject:
Economic and financial statistics Exchange rates External debt Foreign exchange Monetary statistics Public debt
English
Publication Date:
March 5, 2009
ISBN/ISSN:
9781451838879/1934-7685
Stock No:
1UGAEA2009002
Pages:
86
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