{
  "title": "Uganda: Background Paper on Issues in Financial Sector Reform, and Statistical Appendix",
  "publication": "IMF Staff Country Reports, June 21, 1996",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/uganda-background-paper-on-issues-in-financial-sector-reform-and-statistical-appendix-709",
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  "summary": "This Background Paper examines issues in Uganda’s financial sector reform. In Uganda, reforms in the financial sector have included the liberalization of interest rates, the development of instruments of indirect monetary control, the modernization of banking legislation, the restructuring of the ce",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- Examines issues in Uganda’s financial sector reform.\n- Prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country.\n- In releasing this document for public use, confidential material may have been removed at the request of the member."
    },
    {
      "heading": "Reforms examined",
      "content": "- Liberalization of interest rates.\n- Development of instruments of indirect monetary control.\n- Modernization of banking legislation.\n- Restructuring of the central bank.\n- Reforms in the commercial banking system."
    },
    {
      "heading": "Objectives and expected outcomes",
      "content": "- Aim: improving monetary management, which would enhance the prospects for achieving stabilization.\n- Long-term goal: contribute to long-term sustainable growth by mobilizing domestic savings and channeling these resources to the most profitable investment projects."
    },
    {
      "heading": "Subject classification and keywords",
      "content": "- Subject: Banking, Commercial banks, Distressed institutions, Financial institutions, Loans, Nonperforming loans, Treasury bills and bonds\n- Keywords: Africa, bank, BOU Export Refinance Scheme, BOU loss, BOU recapitalization, BOU statute, Commercial banks, CR, Distressed institutions, East Africa, excess reserves, government bank, interest rate, ISCR, loan, Loans, monetary management, Nonperforming loans, Sembule bank, treasury bill market, Treasury bills and bonds"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/30/uganda-background-paper-on-issues-in-financial-sector-reform-and-statistical-appendix-709/index.md)",
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    "Published: June 21, 1996",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451838602.002",
    "Examines issues in Uganda’s financial sector reform.",
    "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.",
    "Liberalization of interest rates.",
    "Development of instruments of indirect monetary control.",
    "Modernization of banking legislation.",
    "Restructuring of the central bank.",
    "Reforms in the commercial banking system.",
    "Aim: improving monetary management, which would enhance the prospects for achieving stabilization.",
    "Long-term goal: contribute to long-term sustainable growth by mobilizing domestic savings and channeling these resources to the most profitable investment projects.",
    "Subject: Banking, Commercial banks, Distressed institutions, Financial institutions, Loans, Nonperforming loans, Treasury bills and bonds",
    "Keywords: Africa, bank, BOU Export Refinance Scheme, BOU loss, BOU recapitalization, BOU statute, Commercial banks, CR, Distressed institutions, East Africa, excess reserves, government bank, interest rate, ISCR, loan, Loans, monetary management, Nonperforming loans, Sembule bank, treasury bill market, Treasury bills and bonds"
  ],
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