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Africa > Uganda

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

  • Type: Journal Issue x
  • Government Policy; Provision and Effects of Welfare Program x
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Cover IMF Staff Country Reports
Rwanda: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria and for Extension of the Arrangement
International Monetary Fund
The Fourth Review Under the Poverty Reduction and Growth Facility and Requests for Waiver of Nonobservance of Performance Criteria for Rwanda are analyzed. The implementation of policies improved considerably in 2004, although economic performance has been adversely affected by exogenous shocks. Strong activity in construction, transport, and communication raised growth to 4 percent, despite major electricity shortages. Macroeconomic and structural policies will aim at enhancing private sector development and accelerating productivity-enhancing strategies. Fiscal policies will focus on supporting macroeconomic stability and improving the quality of spending through a sizable reallocation to priority areas.
Keywords:
ISCR; CR; PRGF arrangement; priority spending; Congo; staff appraisal; Rwandese authorities; UN Security Council; electricity crisis; Exports; Export competitiveness; Africa
Cover IMF Working Papers
Financing Uganda'S Poverty Reduction Strategy: Is Aid Causing More Pain Than Gain?
Ms. Mwanza Nkusu
Uganda's market-friendly development strategy and poverty reduction agenda have attracted large financial inflows, including aid. During 2000-02, concerns about a possible aid-induced Dutch disease were heightened by widening macroeconomic imbalances and an upward trend in the real effective exchange rate (REER). This paper shows that the REER remained broadly stable during a 10-year period and nontraditional exports increased remarkably, contrary to the predictions of the Dutch disease model. Also, economic growth was strong. This good performance is attributed to sound macroeconomic policies and important structural reforms, which have allowed an increased use of available production factors.
Keywords:
WP; right; Uganda; ODA; terms of trade; REER; Foreign aid; exchange rates; economic growth; and poverty; ODA flow; terms of trade shock; Uganda shilling; savings-investment balance; ODA inflow; Real effective exchange rates; Exports; Dutch disease; Real exchange rates; Poverty reduction strategy
Cover IMF Staff Country Reports
Uganda: 2002 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
This 2002 Article IV Consultation highlights that since the conclusion of the last Article IV consultation in March 2001, Uganda has continued to implement disciplined financial policies and sound structural reforms that have helped to sustain robust economic growth despite an adverse external environment. In 2001/02 (July–June), real GDP growth increased to 6.6 percent, boosted by highly favorable weather conditions for agriculture and a surge in construction activity from a pickup in investment. A sharp drop in food crop prices resulted in negative headline inflation of -2.5 percent during the year.
Keywords:
ISCR; CR; deficit; authority; government; inflation; steadfast commitment; headline inflation; government balance; authorities to the fund management; prudent monetary policy; government's liability; real GDP; Poverty reduction; Exports; Budget planning and preparation; Sub-Saharan Africa; Southern Africa; East Africa; Africa; Global
Cover IMF Staff Country Reports
Uganda: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and a Press Release on the Executive Board Discussion
International Monetary Fund
This paper assesses Uganda’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program for 2002/03–2004/05, which could be supported by a new PRGF arrangement, aims to increase real GDP growth to about 6½ percent a year on average, while holding annual inflation at about 3½ percent. Monetary and exchange rate policies will focus on maintaining stability in light of sizable sterilization operations. The authorities will rely on market-based monetary instruments and will adhere to a flexible exchange rate policy.
Keywords:
ISCR; CR; peace agreement; fund staff; Ugandan People's Defense Forces; PRGF-supported program; LRA raid; staff appraisal; executive board discussion; Poverty reduction strategy; Poverty reduction; Poverty reduction and development; Budget planning and preparation; Southern Africa; Sub-Saharan Africa; East Africa