Uganda: Background Paper
June 8, 1995
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This Background Paper presents a long-term perspective on investment and output performance in Uganda, beginning after the country gained independence in the early 1960s. Against the background of long-term trends in savings, investment, and output, the paper describes the initial conditions that led to the adoption of adjustment policies. The macroeconomic policy mix, together with important structural policies, is analyzed and the outcomes are assessed for 1987–94, during which Uganda pursued an ongoing adjustment program supported by successive arrangements with the IMF under the structural adjustment facility and the enhanced structural adjustment facility.
Subject: Consumption, Domestic savings, Exports, Foreign exchange, International trade, National accounts, Terms of trade
Keywords: adjustment effort, Consumption, CR, Domestic savings, Exports, fiscal policy, GDP ratio, growth performance, growth potential, growth process, ISCR, physical capital, primary sector, ratio, reform agenda, structural adjustment, Sub-Saharan Africa, Terms of trade, Uganda, Uganda shilling
Pages:
85
Volume:
1995
DOI:
Issue:
044
Series:
Country Report No. 1995/044
Stock No:
1UGAEA0011995
ISBN:
9781451838596
ISSN:
1934-7685
Notes
This background paper on Uganda was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
