IMF Staff Country Reports

Uganda: Seventh Review Under the Policy Support Instrument, Request for a New Policy Support Instrument and Cancellation of Current Policy Support Instrument: Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda.

May 17, 2010

Preview Citation

Format: Chicago

International Monetary Fund. "Uganda: Seventh Review Under the Policy Support Instrument, Request for a New Policy Support Instrument and Cancellation of Current Policy Support Instrument: Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda.", IMF Staff Country Reports 2010, 132 (2010), accessed 12/26/2025, https://doi.org/10.5089/9781455204366.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

This paper discusses key findings of the Seventh Review Under the Policy Support Instrument (PSI) for Uganda. The medium-term outlook for Uganda remains favorable but risks are on the rise. Growth is expected to rebound to its potential in the coming two years on the heels of a supportive fiscal stance and higher global and regional growth. It remains vulnerable to exogenous shocks as well as to election-related uncertainties. IMF staff supports the authorities’ request for a new three-year PSI to anchor their near- and medium-term policies.

Subject: Expenditure, External debt, Fiscal policy, Public and publicly-guaranteed external debt, Public debt, Public financial management (PFM)

Keywords: authorities' drive, cancellation, CR, debt, EAC integration agenda, Global, infrastructure development, ISCR, monetary management, NDP objective, policy support, psi-supported program, Public and publicly-guaranteed external debt, real GDP, request, Uganda