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Africa > Uganda

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Cover IMF Staff Country Reports
Uganda: Fifth Review Under The Policy Support Instrument And Request For Program Extension: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund. African Dept.
Uganda has benefited from international reserve accumulation. The fiscal stance is tighter mainly owing to delays in execution of a large hydropower project. A suspension of budget support owing to theft of donor funds has curtailed spending plans and hurt growth prospects. The authorities have acknowledged the damage from corruption and responded to the concerns of development partners. Tight policies have led to the achievement of program targets. Sound macroeconomic policies need to be accompanied by reinforced efforts to fight corruption.
Keywords:
ISCR; CR; authority; increase transparency; monetary policy; fiscal policy; management; disinflationary effort; government finances; core inflation; budget support; authorities' fiscal policy; Budget planning and preparation; Inflation; Commercial banks; Oil; gas and mining taxes; Global
Cover Policy Papers
Revenue Mobilization in Developing Countries
International Monetary Fund
The Fund has long played a lead role in supporting developing countries’ efforts to improve their revenue mobilization. This paper draws on that experience to review issues and good practice, and to assess prospects in this key area.
Keywords:
PP; developing country; tax revenue; income tax; indirect tax; value-added tax; small business; Value-added tax; Tax administration core functions; Personal income; Revenue mobilization; Sub-Saharan Africa; Africa; Global
Cover IMF Staff Country Reports
Islamic Republic of Mauritania: Selected Issues and Statistical Appendix
International Monetary Fund
Statistical data and issues are discussed in this paper. Mauritania reached the completion point under the enhanced Initiative for Heavily Indebted Poor Countries. In July 2004, a new economic team took actions to tighten fiscal and monetary policies. The authorities intend to adopt sound principles for oil revenue management and tracking (various frameworks, such as the one proposed in the Extractive Industry Transparency Initiative, are under consideration). Executive Directors welcomed the authorities’ willingness to prepare for the transition to a more flexible exchange rate.
Keywords:
ISCR; CR; Mauritania; expenditure; price; poverty incidence; poverty-reducing effect; poverty perception; growth record; poverty increase; squared poverty gap; poverty indicator; Oil; gas and mining taxes; Oil prices; Sub-Saharan Africa; C. poverty perception; hydrocarbon sector; Statistical Appendix table; fish catch; I. managing oil wealth