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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
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- Online
- Summary
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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 Poli...
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.
Details
- Format
- Books
- Language
- English
- Contributors
- Publication
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- 1st ed
- Washington, D.C. : International Monetary Fund, 2013
- Physical Details
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- 1 online resource (105 p.)
- ISBNs
- 9781475579109, 1475579101, 9781484329443, 1484329449, 9781475536867, 1475536860, 1484382056, 1299803210
- OCLC
- ocn876510677
- Description based upon print version of record.
- English
- Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS AND PROGRAM PERFORMANCE; A. Growth is Recovering from a Short Slowdown; BOXES; 1. Response to 2010 Article IV Consultation's Key Recommendations; FIGURES; 1. Developments in the Real Sector; B. The Policy Stance has Adapted to the Evolving Conditions; 2. External Developments; 3. Fiscal Developments; 4. Bank of Uganda Monetary Operations in the Foreign Exchange and Money Markets; C. Progress in Structural Reforms was Mixed; D. Program Performance Under the Sixth Review of the PSI was Satisfactory; 2. Progress Under the PFM Reform Commitments
- ECONOMIC OUTLOOK AND RISKS 3. External Stability Assessment; POLICY DISCUSSIONS; A. Fiscal Policy: Gains in Efficiency and Transparency; B. Monetary Policy: Modernizing the Inflation Targeting Framework; 4. Enhancing PFM; C. The Financial Sector: Sound but Still Shallow; 5. Refining the Monetary Policy Framework; D. Achieving Broad-Based and Inclusive Growth: Economic Diversification and Efficient and Transparent Use of Oil Wealth; 6. Vision 2040; 7. Competitiveness; THE NEW PSI; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, FY2009/10-2017/18
- 2a. Fiscal Operations of the Central Government, FY2009/10-2017/18 (Billions of Uganda Shillings) 2b. Fiscal Operations of the Central Government, FY2009/10-2017/18 (Percent of GDP); 2c. Quarterly Fiscal Operations of the Central Government, 2012/13-2013/14; 3. Monetary Accounts, FY2009/10-2017/18; 4. Balance of Payments, FY2009/10-2017/18; 5. Banking Sector Indicators, March 2010-December 2012; 6. Quantitative Assessment Criteria and Indicative Targets Out turn for December 31, 2012 and March 31, 2013; 7. Structural Benchmarks Out turn for the Sixth PSI Review; ANNEXES
- I. Joint Bank-Fund Staff Debt Sustainability Analysis Update 2013 II. Risk Assessment Matrix and Vulnerability to External Shocks; III. Strengthening Revenues in Uganda: Challenging but Necessary; IV. Inclusive Growth in Uganda: Achievements and Challenges; V. Oil Revenues in Uganda: From Resource Wealth to Growth; APPENDICES; I. Letter of Intent; Attachments; 1. Memorandum of Economic and Financial Policies; 2. Technical Memorandum of Understanding; CONTENTS; FUND RELATIONS; JOINT BANK-FUND WORK PROGRAM, JULY 2013-JUNE 2014; STATISTICAL ISSUES (AS OF MAY 31, 2013)