Uganda: Sixth Review Under the Policy Support Instrument and Request for an Extension of the Policy Support Instrument-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda.
December 30, 2009
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
This paper discusses key findings of the Sixth Review for Uganda Under the Policy Support Instrument. Structural rigidities continue to pose challenges to macroeconomic management in Uganda. Persistent weaknesses in project implementation coupled with rigidities in domestic financial markets limited the scope for fiscal and monetary stimulus in 2008/09. Progress with structural reforms has been uneven and may not have kept pace with the needs raised by the public investment drive. Macroeconomic policies will continue to aim at overcoming infrastructure bottlenecks while mitigating the impact of external shocks on domestic activity.
Subject: Exchange rates, Expenditure, Foreign exchange, Infrastructure, National accounts, Public financial management (PFM), Public investment and public-private partnerships (PPP), Public investment spending
Keywords: CR, Exchange rates, fiscal year, Global, headline inflation, IMF's framework, Infrastructure, ISCR, liquidity management framework, management, market, monetary management, NDP objective, program goal, Public investment and public-private partnerships (PPP), Public investment spending, Sub-Saharan Africa, terms of trade, Uganda's PSI, upstream JSAN, X. exchange rate arrangement
Pages:
61
Volume:
2010
DOI:
Issue:
001
Series:
Country Report No. 2010/001
Stock No:
1UGAEA2010001
ISBN:
9781451838893
ISSN:
1934-7685
