Uganda : Staff Report for the 2015 Article IV Consultation and Fourth Review Under the Policy Support Instrument

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

July 7, 2015

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that Uganda’s recent economic performance has been favorable. Real GDP growth is projected at 5.24 percent for FY2014/15 supported by a fiscal stimulus and a recovery in private consumption. Annual core inflation increased to 4.75 percent in May, from very depressed levels, mainly fueled by the shilling depreciation pass-through. The current account deficit is set to widen to about 9 percent of GDP reflecting increasing capital goods imports, but international reserves remain adequate. The outlook is promising. Growth is estimated at 5.75 percent in FY2015/16 and an average 6.25 percent over the medium-term.

Series:

Country Report No. 15/175

Subject:

English

Publication Date:

July 7, 2015

ISBN/ISSN:

9781513572413/1934-7685

Stock No:

1UGAEA2015001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

143

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