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Africa > Uganda

You are looking at 1 - 10 of 12 items for :

  • Type: Journal Issue x
  • External debt x
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Cover Policy Papers
Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation
International Monetary Fund
This report provides an update on the status of implementation, impact and costs of the enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) since mid-2006. It also discusses the status of creditor participation in both initiatives and the issue of litigation of commercial creditors against HIPCs.
Keywords:
PP; NPV terms; completion point; MDRI debt relief; enhanced HIPC Initiative; debt service; post-completion-point HIPCs; Debt relief; Debt service; Exports; Stocks; Debt sustainability; Africa
Cover Policy Papers
Initiative for Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI)- Status of Implementation
International Monetary Fund
This report provides an update on the status of implementation, impact and costs of the enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) since mid-2006. It also discusses the status of creditor participation in both initiatives and the issue of litigation of commercial creditors against HIPCs.
Keywords:
PP; MDRI debt relief; NPV terms; enhanced HIPC Initiative; post-completion-point HIPCs; completion point; IMF staff estimate; long-term debt; post-decision-point HIPCs; MDRI assistance; Debt relief; Debt service; Exports; Stocks; Debt sustainability; Africa; West Africa
Cover IMF Staff Country Reports
Uganda: 2006 Article IV Consultation and Staff Report for the 2006 Article IV Consultation, First Review of the Policy Support Instrument, Request for Waiver of Assessment Criteria, and Request for a Three-Year Policy Support Instrument: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
This 2006 Article IV Consultation highlights that an acute electricity crisis threatens Uganda’s macroeconomic performance. The regional drought in 2005/06 reduced Uganda’s already inadequate hydropower-generating capacity, resulting in a production gap of nearly one-half of demand. The authorities have requested a new three-year policy support instrument in support of their near- and medium-term policies. The authorities’ main objectives are to sustain macroeconomic stability while tackling the ongoing electricity crisis and addressing other infrastructure deficiencies to alleviate existing constraints on growth.
Keywords:
ISCR; CR; government; infrastructure bottleneck; PSI-supported program; policy; GDP; Executive Board discussion; government budget strategy; IMF's Policy Support Instrument; Arrears; Infrastructure; Debt relief; Poverty reduction; Sub-Saharan Africa
Cover Policy Papers
Review of Low-Income Country Debt Sustainability Framework and Implications of the Multilateral Debt Relief Initiative (MDRI)
International Monetary Fund
This paper reviews the experience with the joint IMF-World Bank Debt Sustainability Framework for low-income countries, including cooperation between the staffs, and highlights the implications of the Multilateral Debt Relief Initiative.
Keywords:
PP; debt distress; MDRI country; debt accumulation; distress rating; DSF debt threshold; debt sustainability; debt indicator; Fund country team; Debt sustainability; Debt sustainability analysis; Debt burden; Debt relief; Global; South Asia; South America; Africa
Cover IMF Staff Country Reports
Uganda: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criteria, and Request for a Policy Support Instrument: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
This paper discusses Uganda’s Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criteria, and Request for a Policy Support Instrument (PSI). Performance relative to the sixth and final PRGF review was satisfactory. The authorities request waivers for two performance criteria that were not observed by small margins. Corrective measures will be undertaken during 2006. The authorities have also requested a PSI to begin immediately after the current PRGF arrangement expires.
Keywords:
ISCR; CR; government; core poverty reduction spending; monetary policy; Medium-term Competitiveness Strategy; PRGF arrangement; PSI framework; year PSI program; Arrears; Poverty reduction; Debt relief; Global
Cover Policy Papers
Uganda - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
International Monetary Fund
Uganda reached the completion point under the enhanced HIPC Initiative on May 1, 2000. Staff is of the view that all criteria are met, and recommends that the Board determine that Uganda qualifies for immediate debt relief under the MDRI.
Keywords:
PP; PAF expenditure; Uganda's Poverty Eradication Action Plan; HIPC assessment; HIPC assistance; poverty reduction policy; PRGF arrangement; Debt relief; Public and publicly-guaranteed external debt
Cover Policy Papers
Heavily Indebted Poor Countries (HIPC) Initiative--Status of Implementation
International Monetary Fund
NULL
Keywords:
PP; HIPC Initiative; debt service indicator; Inter-American Development Bank; debt-service ratio; HIPC country document; HIPC debt relief; debt service reduction; enhanced HIPC Initiative; poverty reducing expenditure; IDA debt service; Debt service; Poverty reduction; Debt relief; Debt reduction; West Africa; Central America; Africa
Cover Policy Papers
The Enhanced Heavily Indebted Poor Countries (HIPC) Initiative and the Achievement of Long-Term External Debt Sustainability
International Monetary Fund
NULL
Keywords:
PP; price index; export growth; U.S. dollar; better-than-projected export performance; export ratio; real GDP; solid windowtext; commodity price; period HIPCs; larger-than-expected export; NPV terms; export base; a number of HIPCs; debt management; export projection; terms of trade; Debt sustainability; Exports; Debt relief; Export performance; Global; export earnings
Cover Debt Relief for Poverty Reduction
Debt Relief for Poverty Reduction
The Role of the Enhanced HIPC Initiative
Ms. Jacqueline T Irving

Abstract

This pamphlet reports on how the enhanced Initiative for Heavily Indebted Poor Countries (HIPCs) is meeting its aim of delivering faster, broader, and deeper debt relief to more HIPCs once these countries have shown a commitment to put the freed-up funds to work for the poor. The pamphlet also includes introductory sections that explain the rationale for the HIPC Initiative and describe how it works. A concluding section discusses the Initiative’s top challenge in the year ahead: to bring the remaining eligible countries to their decision points under the Initiative as fast and realistically as possible.

Keywords:
MISC PUBS; Misc.; country; poverty; Point HIPCs; government; policy agenda; poverty reduction strategy paper; beneficiary country; debt stock; member country contribution; repayment terms; poverty-reducing investment; country's ability; debt service profile; progress to the completion point; creditor country; country market; Debt relief; Poverty reduction strategy; Poverty reduction; Debt service; Global; Africa
Cover Debt Relief for Low-Income Countries
Debt Relief for Low-Income Countries
The Enhanced HIPC Initiative
Mr. Kamau Thugge
and
Mr. Anthony R. Boote

Abstract

This pamphlet describes the IMF-World Bank initiative begun in 1996 to address in a comprehensive manner the overall debt burden of eligible heavily indebted poor countries (HIPCs) pursuing programs of adjustment and reform supported by the two organizations. The aim of the Initiative is to reduce these countries debt to sustainable levels so that they can meet current and future debt service obligations without unduly compromising growth. This pamphlet describes the rationale for and the main features of the Initiative as it was originally conceived in 1996 and its implementation through the fall of 1999, which culminated in the approval of an enhanced HIPC Initiative in late 1999 that is aimed at providing deeper and more rapid debt relief to a larger number of countries. The enhanced HIPC Initiative also seeks to ensure that debt relief is integrated into a comprehensive poverty reduction strategy that is developed with broad-based participation and tailored to the country's circumstances.

Keywords:
PAM; IMF board; debt; NPV; IMF's share; HIPCs; HIPCs need; executive boards of the World Bank; World Bank's share; Debt burden; Debt relief; Debt reduction; Debt sustainability; Sub-Saharan Africa