IMF Staff Country Reports

Uganda: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and a Press Release on the Executive Board Discussion

September 30, 2002

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Format: Chicago

International Monetary Fund. "Uganda: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and a Press Release on the Executive Board Discussion", IMF Staff Country Reports 2002, 213 (2002), accessed 12/27/2025, https://doi.org/10.5089/9781451838640.002

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Summary

This paper assesses Uganda’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program for 2002/03–2004/05, which could be supported by a new PRGF arrangement, aims to increase real GDP growth to about 6½ percent a year on average, while holding annual inflation at about 3½ percent. Monetary and exchange rate policies will focus on maintaining stability in light of sizable sterilization operations. The authorities will rely on market-based monetary instruments and will adhere to a flexible exchange rate policy.

Subject: Budget planning and preparation, Expenditure, Poverty, Poverty reduction, Poverty reduction and development, Poverty reduction strategy, Public financial management (PFM)

Keywords: Budget planning and preparation, CR, East Africa, executive board discussion, fund staff, ISCR, LRA raid, peace agreement, Poverty reduction, Poverty reduction and development, Poverty reduction strategy, PRGF-supported program, Southern Africa, staff appraisal, Sub-Saharan Africa, Ugandan People's Defense Forces