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Africa > Uganda

You are looking at 101 - 110 of 1,077 items

Cover IMF Working Papers
Drivers of Financial Access: the Role of Macroprudential Policies
Ms. Corinne C Delechat
,
Lama Kiyasseh
,
Ms. Margaux MacDonald
, and
Rui Xu
This study analyzes the drivers of the use of formal vs. informal financial services in emerging and developing countries using the 2017 Global FINDEX data. In particular, we investigate whether individuals’ choice of financial services correlates with macro-financial and macro-structural policies and conditions, in addition to individual and country characteristics. We start our analysis on middle and low-income countries, and then zoom in on sub-Saharan Africa, currently the region that most relies on informal financial services, and which has the largest uptake of mobile banking. We find robust evidence of an association between macroprudential policies and individuals’ choice of financial access after controlling for personal and country-level characteristics. In particular, macroprudential policies aimed at controlling credit supply seem to be associated with greater resort to informal financial services compared with formal, bank-based access. This highlights the importance for central bankers and financial sector regulators to consider the potential spillovers of monetary policy and financial stability measures on financial inclusion.
Keywords:
WP; informal financial services; IMF staff; low income; asset ratio; SSA sample; loan restriction; Financial inclusion; Mobile banking; Macroprudential policy; Macroprudential policy instruments; Sub-Saharan Africa; Global; formal financial services; financial service access; SSA population
Cover IMF Staff Country Reports
IMF Executive Board Approves a US$491.5 Million Disbursement to Uganda to Address the COVID-19 Pandemic
International Monetary Fund. African Dept.

Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda

Keywords:
ISCR; CR; IMF lending tracker; financing; emergency expenditure; emergency financing request; health preparedness plan; IMF's emergency financial support; Credit; Imports; Budget planning and preparation; Global; fiscal needs; COVID-19; Health care spending
Cover IMF Staff Country Reports
Uganda: Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda
International Monetary Fund. African Dept.
This paper analyzes Uganda’s Request for Disbursement Under the Rapid Credit Facility. The Ugandan economy is severely affected by the coronavirus disease 2019 (COVID-19) pandemic. In order to contain the impact of the pandemic, the authorities have increased health spending, strengthened social protection to the most vulnerable, and enhanced their support to the private sector. The Bank of Uganda has appropriately reduced interest rates and provided liquidity to safeguard financial stability, while maintaining exchange rate flexibility. The weakening economic conditions emanating from the Covid-19 pandemic have put significant pressures on revenue collection, expenditure, reserves and the exchange rate, creating urgent large external and fiscal financing needs. The IMF continues to monitor Uganda’s situation closely and stands ready to provide policy advice and further support as needed. The authorities have also committed to put in place targeted transparency and accountability measures to ensure the appropriate use of emergency financing. The IMF’s emergency financial support under the RCF, along with the additional donor financing it is expected to help catalyze, will help address Uganda’s urgent balance of payments and budget support needs.
Keywords:
ISCR; CR; IMF lending tracker; financing; emergency expenditure; emergency financing request; health preparedness plan; IMF's emergency financial support; Credit; Imports; Budget planning and preparation; Global; COVID-19
Cover IMF Staff Country Reports
Statement by Mr. Mahlinza, Executive Director for Uganda, and Mr. Ismail, Advisor to the Executive Director May 6, 2020
International Monetary Fund. African Dept.

Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda

Keywords:
ISCR; CR; IMF lending tracker; financing; emergency expenditure; emergency financing request; health preparedness plan; IMF's emergency financial support; Credit; Imports; Budget planning and preparation; Global; budget support; RCF instrumental; stimulus package; COVID-19
Cover IMF Staff Country Reports
Uganda:Request For Disbursement Under The Rapid Credit Facility—Debt Sustainability Analysis
International Monetary Fund. African Dept.

Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda

Keywords:
ISCR; CR; IMF lending tracker; financing; emergency expenditure; emergency financing request; health preparedness plan; IMF's emergency financial support; Credit; Imports; Budget planning and preparation; Global; debt-to-GDP burden trajectory; sustainability framework; market financing; public debt-to-GDP ratio; burden trajectory; Stress testing; Commodity prices; Fiscal stance; financing need
Cover IMF Staff Country Reports
Uganda: Request For Disbursement Under The Rapid Credit Facility—Press Release; Staff Report; And Statement By The Executive Director For Uganda
International Monetary Fund. African Dept.

Request for Disbursement under the Rapid Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda

Keywords:
ISCR; CR; IMF lending tracker; financing; emergency expenditure; emergency financing request; health preparedness plan; IMF's emergency financial support; Credit; Imports; Budget planning and preparation; Global; budget support; financing gap; net financing; exchange rate; fiscal year
Cover Regional Economic Outlook, April 2020, Sub-Saharan Africa
Regional Economic Outlook, April 2020, Sub-Saharan Africa
International Monetary Fund. African Dept.

Abstract

To come when report is received.

Keywords:
REO; IMF staff calculation; economic activity; Sub-Saharan Africa; price
Cover Regional Economic Outlook, April 2020, Sub-Saharan Africa
Regional Economic Outlook, April 2020, Sub-Saharan Africa
COVID-19: An Unprecedented Threat to Development
International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa is facing an unprecedented health and economic crisis that threatens to throw the region off its stride, reversing the encouraging development progress of recent years. Furthermore, by exacting a heavy human toll, upending livelihoods, and damaging business and government balance sheets, the crisis threatens to retard the region’s growth prospects in the years to come. Previous crises tended to impact affect countries in the region differentially, but no country will be spared this time.

Keywords:
REO; IMF staff calculation; economic activity; Sub-Saharan Africa; price; forest cover increases rainwater infiltration; World Bank enterprise survey; submarine cable; climate change challenge; terms of trade; tech firm; climate change Policy Assessment; sub-Saharan Africa use email; financing adaptation; rainfall anomaly; Natural disasters; Climate change; Infrastructure; Digitalization; Africa; Global; Southern Africa; East Africa
Cover Finance & Development
Youth Rising
Mr. David Amaglobeli
,
Ms. Era Dabla-Norris
, and
Vitor Gaspar

Finance & Development, March 2020

Keywords:
FD; F&D; country; shrinking population; tried-and-tested policy solution; interest rate; policy choices matter; dependency ratio; tala bill; finance minister; Aging; Migration; Women; Global; Africa; Europe; Sub-Saharan Africa; Western Europe; Fez native; daunting labor market; plastic waste problem; slums of Kampala; tech company; Labor markets
Cover IMF Staff Country Reports
Republic of South Sudan: Technical Assistance Report-Report on External Sector Statistics Mission
International Monetary Fund. Statistics Dept.
This Technical Assistance Mission has been undertaken to support the Bank of South Sudan (BSS) in improving external sector statistics (ESS). The recommendations made during the 2018 mission for the recording of oil exports and transactions with Sudan under the Transitional Financial Agreement were implemented by the BSS. The mission worked toward enhancing the inter-agency cooperation by meeting with selected public sector bodies, providing them with an overview of the balance of payments and the data that the BSS will request from them. Before the end of the mission, requested data from one of the entities, the Civil Aviation Authority was provided. A work program was developed to conduct a visitor expenditure survey and a preliminary International Reserves and Foreign Currency Liquidity template was submitted to IMF’s Statistics Department for review. In order to support progress in the various work areas, the mission recommended a detailed one-year action plan, with the several priority recommendations carrying weight to make headway in improving ESS reliability.
Keywords:
ISCR; CR; center; bill; import invoice; import entry; BSS compiler; BSS staff; balance of payments compiler; goods imports; Imports; External sector statistics; Interest payments; Government debt management; Africa; Fiscal accounting and reporting