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Africa > Uganda

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

  • Type: Journal Issue x
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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 Policy Papers
Aid Inflows - The Role of the Fund and Operational Issues for Program Design
International Monetary Fund
The paper focuses on the operational implications of high and volatile aid for the design of Fund-supported programs. It provides a conceptual framework that should guide country teams in giving advice to low-income countries on a case-by-case basis, without specific quantitative performance thresholds for the spending and absorption of additional aid. In doing so, it responds to some of the concerns raised by the Independent Evaluation Office (IEO) in its recent evaluation of the Fund and aid to sub-Saharan Africa
Keywords:
PP; crowding out; fiscal policy; priority spending; Dutch disease; Fund-supported program; monetary management; money supply; aid inflow; aid projection; International reserves; Government debt management; Debt sustainability; Inflation; Africa; Sub-Saharan Africa
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 Staff Country Reports
Uganda: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
Uganda showed strong macroeconomic stability under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors welcomed this development as well as the fiscal adjustment. They stressed the need for strengthening their policies for boosting economic growth and reducing poverty in the context of the Poverty Eradication Action Plan. They emphasized the need to strengthen monetary, fiscal, and exchange rate policies, accelerate structural reforms, and restructure the Uganda Development Bank Limited. They agreed that Uganda has successfully completed the second review under the PRGF Arrangement, and approved waiver.
Keywords:
ISCR; CR; PRGF loan; authority; PRGF arrangement; inflation low; SDR; expenditure management systems; authorities' strong; government position; Poverty reduction; Budget planning and preparation; Monetary base; Southern Africa; East Africa; Africa; Global