Uganda: 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and Cancellation of Current Policy Support Instrument—Staff Report;Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
July 19, 2013
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This paper focuses on Uganda’s 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and cancellation of Current Policy Support Instrument. Driven mainly by investment and trade, growth has recovered to about 5 percent, a stronger than expected rebound from the low 3½ percent expansion registered last year. Fast implementation of road construction, the start of operations of the Bujagali hydropower plant, and a good harvest boosted aggregate demand. Envisaged public finance management reforms are set to address the problems of persistent under budgeting, arrears accumulation, and failure to sanction financial irregularities.
Subject: Banking, Budget planning and preparation, Economic and financial statistics, Government finance statistics, Inflation, Inflation targeting, Prices, Public financial management (PFM), Revenue administration
Keywords: Africa, authority, Budget planning and preparation, core inflation, CR, Global, government endeavor, Government finance statistics, IMF's framework, Inflation, ISCR, ITL regime, management bill, medium term strategy of the authorities, monetary management, monetary policy
Pages:
104
Volume:
2013
DOI:
Issue:
215
Series:
Country Report No. 2013/215
Stock No:
1UGAEA2013002
ISBN:
9781484382059
ISSN:
1934-7685
