Uganda: 2021 Article IV Consultation and First Review under the Extended Credit Facility Arrangement and Requests for Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Uganda
IMF Staff Country Reports, March 15, 2022
Source details
- Canonical URL
- Uganda: 2021 Article IV Consultation and First Review under the Extended Credit Facility Arrangement and Requests for Modifications of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Uganda
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Bibliographic details
- Published: March 15, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400204944.002
Summary
- The authorities have reacted to the COVID-19 crisis in an appropriate manner, including through increased spending on health and a rollout of the vaccination program.
- Nevertheless, the deterioration of socio-economic indicators during the pandemic could create scars that would significantly lower growth if left unaddressed.
Major themes and findings
- Public health response:
- Increased spending on health.
- Rollout of the vaccination program.
- Macroeconomic and social risks:
- Deterioration of socio-economic indicators during the pandemic.
- Risk that these deteriorations could create lasting scars that would significantly lower growth if not addressed.
Policy implications and priorities (as implied by the report summary)
- Maintain and support public health measures, including vaccination and health spending.
- Address deteriorated socio-economic indicators to prevent persistent negative effects on growth.
Content in this bundle
- 1ugaea2022001