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Africa > Uganda

You are looking at 1 - 10 of 27 items for :

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Cover Regional Economic Outlook, October 2020, Sub-Saharan Africa
Regional Economic Outlook, October 2020, Sub-Saharan Africa
A Difficult Road to Recovery
International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa is struggling to navigate an unprecedented health and economic crisis—one that, in just a few months, has jeopardized decades of hard-won development gains and upended the lives and livelihoods of millions.

Keywords:
reopening; recovery; crisis; pandemic; recession; REO; financing gap; commodity-exporting country; policy mix; governance reform; policy challenge
Cover Regional Economic Outlook, October 2020, Sub-Saharan Africa
Regional Economic Outlook, October 2020, Sub-Saharan Africa
A Difficult Road to Recovery
International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa is struggling to navigate an unprecedented health and economic crisis—one that, in just a few months, has jeopardized decades of hard-won development gains and upended the lives and livelihoods of millions.

Keywords:
reopening; recovery; crisis; pandemic; recession; REO; financing gap; commodity-exporting country; policy mix; governance reform; policy challenge
Cover Regional Economic Outlook, October 2020, Sub-Saharan Africa
Regional Economic Outlook, October 2020, Sub-Saharan Africa
A Difficult Road to Recovery
International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa is struggling to navigate an unprecedented health and economic crisis—one that, in just a few months, has jeopardized decades of hard-won development gains and upended the lives and livelihoods of millions.

Keywords:
reopening; recovery; crisis; pandemic; recession; REO; financing gap; commodity-exporting country; policy mix; governance reform; policy challenge
Cover Regional Economic Outlook, October 2020, Sub-Saharan Africa
Regional Economic Outlook, October 2020, Sub-Saharan Africa
A Difficult Road to Recovery
International Monetary Fund. African Dept.

Abstract

Sub-Saharan Africa is struggling to navigate an unprecedented health and economic crisis—one that, in just a few months, has jeopardized decades of hard-won development gains and upended the lives and livelihoods of millions.

Keywords:
reopening; recovery; crisis; pandemic; recession; REO; financing gap; commodity-exporting country; policy mix; governance reform; policy challenge; IMF staff calculation; exchange market pressure index; financial support; IMF role; transfer program; international community; financial crisis; financing difficulties; market terms; food price inflation; COVID-19; Oil prices; Debt service; Sub-Saharan Africa; Africa; Global; West Africa; Inflation
Cover Departmental Papers
Réforme des subventions énergétiques en Afrique subsaharienne: expériences et enseignements
Mr. Trevor Serge Coleridge Alleyne
and
Mr. Mumtaz Hussain
La réforme des subventions énergétiques est un problème important et difficile pour les pays d’Afrique subsaharienne. Un nombre relativement important d’études théoriques et empiriques ont été consacrées à cette question. Si ce rapport s’inspire de ces études, il examine toutefois plus précisément la situation des pays d’Afrique subsaharienne de manière à répondre aux questions suivantes: pourquoi est-il important de réduire les subventions énergétiques? Quelles sont les difficultés que pose la réforme des subventions énergétiques? Quel est le meilleur moyen de procéder à une telle réforme? Ce rapport se fonde sur diverses sources d’information sur les pays d’Afrique subsaharienne et notamment des évaluations quantitatives, des enquêtes et des études de cas particulières (mais standardisées).
Keywords:
DPPP; DP; fuel subsidy; average cost; retail price; subsidy reform; unit price
Cover Finance & Development
Too Much of a Good Thing?: For natural resource riches to drive growth and reduce poverty, countries must balance spending now with investing in the future
Chris Geiregat
and
Ms. Susan S. Yang

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

Keywords:
FD; F&D; economy; investment; remittance; natural resource; revenue; revenue volatility; investment spending; revenue investment; scaling-up scenario; Natural resources; Non-renewable resources; Oil prices; Public investment and public-private partnerships (PPP); Sub-Saharan Africa
Cover Departmental Papers
Energy Subsidy Reform in Sub-Saharan Africa: Experiences and Lessons
Mr. Trevor Serge Coleridge Alleyne
and
Mr. Mumtaz Hussain
The reform of energy subsidies is an important but challenging issue for sub-Saharan African (SSA) countries. There is a relatively large theoretical and empirical literature on this issue. While this paper relies on that literature, too, it tailors its discussion to SSA countries to respond to the following questions: Why it is important to reduce energy subsidies? What are the difficulties involved in energy subsidy reform? How best can a subsidy reform be implemented? This paper uses various sources of information on SSA countries: quantitative assessments, surveys, and individual (but standardized) case studies.
Keywords:
DPPP; DP; fuel subsidy; average cost; retail price; subsidy reform; unit price; SSA country; Energy subsidy; fixed charge; federal government; opportunity cost; Energy subsidies; Fuel prices; Tariffs; Electricity; Inflation; Africa; Sub-Saharan Africa; Middle East and Central Asia; Global; West Africa
Cover Policy Papers
Case Studies on Energy Subsidy Reform—Lessons and Implications - Supplement
International Monetary Fund
This supplement presents country case studies reviewing energy subsidy reform experiences, which are the basis for the reform lessons identified in the main paper. The selection of countries for the case studies reflects the availability of data and of previously documented evidence on country-specific reforms. The 22 country case studies were also chosen to provide cases from all regions and a mix of outcomes from reform. The studies cover 19 countries, including seven from sub-Saharan Africa, two in developing Asia, three in the Middle East and North Africa, four in Latin America and the Caribbean, and three in Central and Eastern Europe and the CIS. The case studies are organized by energy product, with 14 studies of the reform of petroleum product subsidies, seven studies of the reform of electricity subsidies, and a case study of subsidy reform for coal. The larger number of studies on fuel subsidies reflects the wider availability of data and past studies for these reforms. The structure of each case study is similar, with each one providing the context of the reform and a description of the reforms; discussion of the impact of the reform on energy prices or subsidies and its success or failure; mitigating measures that were implemented in an attempt to generate public support for the reform and offset adverse effects on the poor; and, finally, identification of lessons for designing reforms.
Keywords:
PP; exchange rate; fuel price; private sector; rate of return; stabilization fund; subsidy reform; transfer program; reform program; Fuel prices; Tariffs; Inflation; Energy subsidies; Electricity; Africa; Sub-Saharan Africa
Cover Policy Papers
Energy Subsidy Reform - Lessons and Implications
International Monetary Fund
Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Most subsidy benefits are captured by higher-income households, reinforcing inequality. Even future generations are affected through the damaging effects of increased energy consumption on global warming. This paper provides: (i) the most comprehensive estimates of energy subsidies currently available for 176 countries; and (ii) an analysis of ?how to do energy subsidy reform, drawing on insights from 22 country case studies undertaken by IMF staff and analyses carried out by other institutions.
Keywords:
PP; subsidy reform; energy subsidy; consumer subsidy; energy price; benchmark price; exchange rate; price increase; reform episode; producer subsidy; reform strategy; transfer program; Energy subsidies; Energy pricing; Inflation; Energy prices; Fuel prices; Global; Sub-Saharan Africa; North Africa; East Africa; Africa
Cover Perspectives économiques régionales, avril 2011
Perspectives économiques régionales, avril 2011
Afrique subsaharienne: Reprise et nouveaux risques
International Monetary Fund. African Dept.

Abstract

La reprise est bien engagée en Afrique subsaharienne, mais on constate des variations de rythme entre groupes de pays. La plupart des pays à faible revenu et des pays exportateurs de pétrole ont presque retrouvé leur taux de croissance d'avant la crise. Par contre, le redressement se fait plus progressivement dans les pays à revenu intermédiaire de la région, dont l'Afrique du Sud. Cette édition des Perspectives économiques régionales décrit les incidences de l'évolution économique récente : les fortes hausses des cours des denrées alimentaires et du pétrole nécessiteront des interventions budgétaires en faveur des pauvres, tandis que l'augmentation des cours pétroliers fera le bonheur de certains pays, mais le malheur d'autres. Il sera nécessaire d'abandonner les mesures de soutiens à l'activité qui ont caractérisé les politiques menées ces dernières années, tout en atténuant les conséquences de la hausse des prix des denrées alimentaires pour les ménages pauvres.

Keywords:
REO; fuel price increase; price; Sub-Saharan Africa; spending