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Africa > Uganda

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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 The Macroeconomic Management of Foreign Aid
The Macroeconomic Management of Foreign Aid
Opportunities and Pitfalls
Boriana Yontcheva
,
Mr. Peter Isard
,
Mr. Leslie Lipschitz
, and
Mr. Alex Mourmouras

Abstract

Relatively slow progress toward meeting the Millennium Development Goals (MDGs) by their 2015 target date has added urgency to the challenge of reducing global poverty. The authors of this new book--who include scholars from the IMF, World Bank, Oxford University, and the Center for Global Development--argue that the MDGs cannot be achieved without a substantial scaling up of foreign aid. They show how such increased aid flows must be managed effectively to ensure the greatest benefit. And they offer analysis and insight on a variety of macroeconomic policy implications that both donors and recipients should consider.

Keywords:
SEM; GDP; country; early-impact aid; recipient country policy; poverty reduction; natural resource; international community; Real exchange rates; Poverty reduction; Aid flows; Africa; Sub-Saharan Africa; Global; East Asia; Eastern Europe; GDP shock; Caribbean
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 IMF Staff Country Reports
Uganda: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criterion, and Extension of Arrangement: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
This paper focuses on Uganda’s Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criterion, and Extension of Arrangement. Performance relative to the program performance criteria and benchmarks has generally been satisfactory. All quantitative performance criteria for December 2004, with the exception of that on the accumulation of domestic arrears, were observed. The structural performance criterion and two of the four benchmarks through March 2005 were also met.
Keywords:
ISCR; CR; government; IMF executive board Completes Fifth Review; PRGF arrangement; authorities' effort; anti-corruption strategy; authorities' resolve; Poverty reduction; Poverty reduction strategy; Global; Southern Africa; East Africa
Cover IMF Staff Country Reports
Uganda: 2004 Article IV Consultation, Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda
International Monetary Fund
This paper examines Uganda’s 2004 Article IV Consultation, Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and a Request for Waiver of Performance Criteria. The performance under the program supported by the PRGF was mixed. Four quantitative performance criteria for end-June 2004 were missed. Although two structural performance criteria for June and September were met, eight out of ten benchmarks were missed. The authorities are requesting waivers for nonobservance of the four performance criteria based on corrective actions, including eight prior actions.
Keywords:
ISCR; CR; authority; PRGF arrangement; staff appraisal; broad-ranging revision; draft Constitution; implementing regulation; Poverty reduction; Poverty reduction strategy; Arrears; Sub-Saharan Africa
Cover IMF Staff Country Reports
Uganda: Third 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
This paper assesses Uganda’s Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Performance Criteria. The fiscal program was broadly on track in 2003/04. Performance under the PRGF-supported program was mixed. Despite some slippages, most quantitative performance criteria were observed for December 2003, and there has been progress in the implementation of structural measures. The authorities are requesting waivers for nonobservance of four performance criteria based on corrective actions taken.
Keywords:
ISCR; CR; government; SDR; PRGF loan; PRGF; complying disbursement; government team; PRGF arrangement; reducing interest rate volatility; Arrears; Budget planning and preparation; Tariffs; East Africa
Cover IMF Survey
Evaluación de la OEI de la estrategia de lucha contra la pobreza: Órgano fiscalizador del FMI dice que los programas de lucha contra la pobreza no cumplen su potencial
International Monetary Fund. External Relations Dept.
La edición en Internet del Boletín del FMI, que se actualiza varias veces a la semana, contiene numerosos artículos sobre temas de actualidad en el ámbito de las políticas y la economía. Consulte las últimas investigaciones del FMI, lea entrevistas y escuche podcasts de los principales economistas del FMI sobre importantes temas relacionados con la economía mundial. www.imf.org/external/pubs/ft/survey/so/home.aspx
Keywords:
SV; IMF Concludes; Rodrigo de Rato; IMF S
Cover IMF Survey
Examen par le BIE de la stratégie de réduction de la pauvreté: Les programmes du FMI pourraient combattre la pauvreté plus efficacement
International Monetary Fund. External Relations Dept.
L’édition web du Bulletin du FMI est mise à jour plusieurs fois par semaine et contient de nombreux articles sur des questions de politique générale et de politique économique d'actualité. Accédez aux dernières recherches du FMI, lisez des interviews et écoutez des podcasts proposés par les principaux économistes du FMI sur des questions importantes de l'économie mondiale. www.imf.org/external/pubs/ft/survey/so/home.aspx
Keywords:
SV; IMF Concludes; Rodrigo de Rato; IMF S
Cover IMF Survey
IMF Survey, Volume 33, Issue 16
International Monetary Fund. External Relations Dept.
In July, the IMF’s Independent Evaluation Office (IEO) released the findings of its review of the IMF-World Bank’s Poverty Reduction Strategy Paper (PRSP) process and the IMF’s Poverty Reduction and Growth Facility (PRGF).The main aims of the wide-ranging evaluation were to determine whether these two initiatives have been implemented according to original expectations and whether the IMF has been sufficiently supportive of the broader PRSP process. David Goldsbrough, Acting Director of the IEO, spoke with Jacqueline Irving of the IMF Survey about the report’s findings.
Keywords:
SV; IMF Concludes; Rodrigo de Rato; IMF S; fund Facility; equivalent amount; growth Facility; IMF survey; IMF Deputy managing director; Poverty reduction strategy; Domestic debt; Exchange rate stability; Monetary base; Consumption; Africa; Sub-Saharan Africa; Europe; Global; Western Hemisphere
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