Africa > Uganda
Mr. Younes Zouhar
,
Jon Jellema
,
Nora Lustig
, and
Mohamed Trabelsi
Ms. Eva Jenkner
and
Mr. Arye L. Hillman
Mr. John J Matovu
Mr. Calvin A McDonald
,
Mr. Christian Schiller
, and
Mr. Kenichi Ueda
International Monetary Fund
Mr. Benedict J. Clements
,
Mr. Liam P. Ebrill
,
Mr. Sanjeev Gupta
,
Mr. Anthony J. Pellechio
,
Mr. Jerald A Schiff
,
Mr. George T. Abed
,
Mr. Ronald T. McMorran
, and
Marijn Verhoeven
Abstract
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal performance. This study reviews the fiscal reform experience of 36 low-income developing countries that undertook macroeconomic and structural adjustment in the context of the IMF's Structural Adjustment Facility and Enhanced Structural Adjustment Facility during the period of 1985-95.