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Africa > Uganda

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Cover IMF Staff Country Reports
Uganda: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
Uganda showed strong macroeconomic stability, low inflation, and poverty reduction under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended the monetary and exchange rate policies, and stressed the need to strengthen fiscal sustainability and maintain a healthy financial sector. They emphasized the need to improve the infrastructure, expand financial intermediation, enhance governance to improve the investment climate, and encourage private sector-led investment and growth. They agreed that Uganda has successfully completed the first review under the PRGF Arrangement, and approved waiver.
Keywords:
ISCR; CR; government; PRGF arrangement; stabilization effort; PRGF loan; excise tax regime; expenditure management systems; Poverty reduction strategy; Budget planning and preparation; Arrears; Defense spending; Global
Cover Policy Papers
Update on Implementation of Action Plans to Strengthen Capacity of HIPCs to Track Poverty-Reducing Public Spending
International Monetary Fund
NULL
Keywords:
PP; public expenditure management; bank; PEM system; IMF staff estimate; PEM capacity; PEM performance; PEM reform; PEM measure; PEM specialist; Budget planning and preparation; Poverty reduction; Budget execution and treasury management
Cover IMF Staff Country Reports
Uganda: Report on Observance of Standards and Codes-Fiscal Transparency Module-Update
International Monetary Fund
This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for Uganda. Since the 1999 ROSC, Uganda has made significant progress in enhancing transparency practices in the fiscal area. They have inter alia divested public enterprises, thereby reducing the scope for conducting off-budget quasi-fiscal operations. The authorities have compiled statistics of line ministries’ revenue, bringing this revenue under the control of the Treasury, and have extended the budgeting framework to cover district and local government budget processes.
Keywords:
ISCR; CR; expenditure; government; budget; ROSC; development expenditure; expenditure planning; value-for-money spending; Budget planning and preparation; Contingent liabilities; Arrears; Government liabilities
Cover IMF Staff Country Reports
Uganda: 2002 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
This 2002 Article IV Consultation highlights that since the conclusion of the last Article IV consultation in March 2001, Uganda has continued to implement disciplined financial policies and sound structural reforms that have helped to sustain robust economic growth despite an adverse external environment. In 2001/02 (July–June), real GDP growth increased to 6.6 percent, boosted by highly favorable weather conditions for agriculture and a surge in construction activity from a pickup in investment. A sharp drop in food crop prices resulted in negative headline inflation of -2.5 percent during the year.
Keywords:
ISCR; CR; deficit; authority; government; inflation; steadfast commitment; headline inflation; government balance; authorities to the fund management; prudent monetary policy; government's liability; real GDP; Poverty reduction; Exports; Budget planning and preparation; Sub-Saharan Africa; Southern Africa; East Africa; Africa; Global
Cover Policy Papers
World Bank International Monetary Fund Collaboration on Public Expenditure Issues
International Monetary Fund
NULL
Keywords:
PP; Fund agreement; bank country teamswill; bank staff; government leadership; CPAR guideline; FMIS project; reform strategy; work plan; Fund workshop; fund staff; development bank; Fund program; work program; Programmatic Financial and Public Sector Adjustment loan; budget cycle; Budget planning and preparation; Civil service reform; Africa
Cover IMF Working Papers
A Comparison Between Two Public Expenditure Management Systems in Africa
Mr. Ian Lienert
This paper assesses the advantages and disadvantages of the French and British public expenditure management systems as used in Africa. The main differences are in budget execution and government accounting. In both francophone and anglophone Africa, there are common weaknesses in the application of the inherited systems, which appear to dominate any distinct features of the individual systems. Desirable reforms in both systems will only be successful if they are accompanied by measures that enhance the accountability of those who operate the systems, including enforcing the rules embodied in existing or reformed regulatory frameworks.
Keywords:
WP; francophone country; anglophone country; PEM systems; expenditure commitment; fiscal year; internal audit; public expenditure management; budget system; audit; British; French; Africa; accounting system; countries MOF; chambers of Accounts; Budget planning and preparation; Fiscal accounting and reporting; Expenditure control; Budget execution and treasury management
Cover 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
International Monetary Fund
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.
Keywords:
ISCR; CR; peace agreement; fund staff; Ugandan People's Defense Forces; PRGF-supported program; LRA raid; staff appraisal; executive board discussion; Poverty reduction strategy; Poverty reduction; Poverty reduction and development; Budget planning and preparation; Southern Africa; Sub-Saharan Africa; East Africa
Cover Is the PRGF Living Up to Expectations?
Is the PRGF Living Up to Expectations?
Mr. Benedict J. Clements
,
Ms. Gabriela Inchauste
,
Ms. Nita Thacker
,
Mr. Thomas William Dorsey
,
Mr. Shamsuddin Tareq
,
Mr. Emanuele Baldacci
,
Mr. Sanjeev Gupta
, and
Mr. Mark W. Plant

Abstract

In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF) to integrate the objectives of poverty reduction and growth more fully into its operations for the poorest countries, and to base these operations on national poverty reduction strategies prepared by the country with broad participation of key stakeholders. A review of the program would be conducted two years later. This paper synthesizes two papers prepared by IMF staff: Review of the Poverty Reduction and Growth Facility: Issues and Options, and Review of the Key Features of the Poverty Reduction and Growth Facility: Staff Analyses. The paper draws on a broad range of internal and external views gathered between July 2001 and February 2002, including discussions at regional forums, meetings with donor government officials and representatives of civil society organizations, and comments of key officials in member countries with PRGF arrangements.

Keywords:
OP; PRGF; PRGF-supported program; program document; outlay; PRSPs; PRGF conditionality; PRGF-supported arrangement; impact analysis; core area; Poverty reduction strategy; Poverty reduction; Budget planning and preparation; Health care spending; Global; Africa
Cover Policy Papers
Actions to Strengthen the Tracking of Poverty-Reducing Public Spending in Heavily Indebted Poor Countries
International Monetary Fund
NULL
Keywords:
PP; PEM system; PEM capacity; PEM reform; poverty-reducing expenditure; Fund country team; poverty fund; poverty-reducing program; Poverty reduction; Budget planning and preparation; Budget classification; Africa
Cover IMF Policy Discussion Papers
Challenges in Expanding Development Assistance
Mr. Peter S. Heller
and
Mr. Sanjeev Gupta
This paper highlights the macro and microeconomic challenges associated with success of the effort to mobilize 0.7 percent of GNP for official development assistance (ODA). To promote achievement of the Millennium Development Goals, enhanced ODA must be as productive as possible. In weighing the distribution of enhanced ODA among countries, the paper emphasizes the need to limit potentially adverse “real transfer effects.” It recommends a multi-pronged approach to ODA that includes, inter alia, in addition to direct bilateral transfers, enhanced use of trust funds and the financing of global public goods.
Keywords:
PDP; recipient country; country partnership; donor country; low income; transition country; ODA; poverty; absorptive capacity; international public goods; country market; distributional criterion; public goods; commitments of the European Union; countries of the world; Personal income; Real exchange rates; Extra-budgetary funds; Global