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Africa > Uganda

You are looking at 1 - 4 of 4 items for :

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Cover IMF Working Papers
The East African Community: Prospects for Sustained Growth
Ms. Catherine McAuliffe
,
Ms. Sweta Chaman Saxena
, and
Mr. Masafumi Yabara
The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out. 
Keywords:
WP; EAC country; EAC member; growth acceleration; EAC economy; EAC growth; Accelerated growth; sustained growth; benchmarking; East African Community; sub-Saharan Africa; EAC integration; exchange rate; private sector; common market; Exports; Financial sector; Government debt management; Productivity; Real exchange rates; Africa; Global
Cover IMF Staff Country Reports
Rwanda: 2010 Article IV Consultation and First Review Under the Policy Support Instrument-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Rwanda.
International Monetary Fund
Satisfactory implementation of the economic program supported by the Policy Support Instrument has helped Rwanda during the global economic downturn. The program focuses on maintaining a sustainable fiscal position; strengthening monetary and exchange rate policies; and supporting growth with structural reforms to diversify the export base and improve the business environment. The authorities are committed to assess the inflation to safeguard the gains made in macroeconomic stability that currently underpin the economic recovery. Executive Directors emphasized the need to maintain macroeconomic stability to achieve sustainable growth.
Keywords:
ISCR; CR; modification of assessment criteria; modification; authority; aid dependency; fiscal policy; inflation outlook; Rwandan authorities; development program; Credit; Monetary base; Exchange rates; Global; Sub-Saharan Africa
Cover PER – Perspectives économiques régionales, mai 2006
PER – Perspectives économiques régionales, mai 2006
Afrique subsaharienne
International Monetary Fund. African Dept.

Abstract

Rédigées par la branche Stratégie du Département Afrique du FMI et publiées deux fois l'an en anglais et en français, les « Perspectives économiques régionales : Afrique subsaharienne » analysent les résultats économiques et les perspectives à court terme des 44 pays couverts par le département. Thèmes évoqués dans les éditions précédentes : réactions aux chocs exogènes ; résultats en matière de croissance et politiques porteuses de croissance ; efficacité des arrangements commerciaux régionaux ; implications macroéconomiques de l'expansion de l'aide ; développement du secteur financier ; décentralisation budgétaire. Des données détaillées sur les pays, groupés selon qu'ils sont exportateurs ou importateurs de pétrole et selon leur sous-région, sont présentées dans un appendice et un appendice statistique, et une liste des publications pertinentes du département Afrique est également fournie. ISSN 0258-7440.

Keywords:
REO; FBEADD; Oil-importing country; country; Oil-exporting country; government
Cover Regional Economic Outlook, May 2006, Sub-Saharan Africa
Regional Economic Outlook, May 2006, Sub-Saharan Africa
International Monetary Fund. African Dept.

Abstract

Prepared by the Policy Wing of the IMF African Department, and published twice a year in English and French, Regional Economic Outlook: Sub-Saharan Africa analyzes economic performance and short-term prospects of the 44 countries covered by the Department. Topics examined in recent volumes include responses to exogenous shocks, growth performance and growth-enhancing policies, the effectiveness of regional trade arrangements, macroeconomic implications of scaled-up aid, financial sector development, and fiscal decentralization. Detailed country data, grouped by oil-exporting and -importing countries and by subregion, are provided in an appendix and a statistical appendix, and a list of relevant publications by the African Department is included.

Keywords:
REO; FBEADD; Oil-importing country; country; Oil-exporting country; government; IMF staff projection; WEO database; IMF staff calculation; broad money; import content; Exchange rate arrangements; Oil prices; Conventional peg; Floating exchange rates; Africa; Sub-Saharan Africa; Southern Africa; East Africa; government institution; Swaziland government; service outcome; government ownership; price surge; Financial sector; Fiscal federalism