IMF Staff Country Reports

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

March 15, 2022

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Format: Chicago

International Monetary Fund. African Dept. "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 2022, 077 (2022), accessed 11/16/2025, https://doi.org/10.5089/9798400204944.002

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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.

Subject: COVID-19, Credit, Expenditure, External debt, Health, International organization, Monetary policy, Money, Public debt

Keywords: Africa, asset declaration regime, business-centric reform, COVID-19, Credit, economic reform reform program, excise duty regime, Global, vis-à-vis nonresident