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Africa > Uganda

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Revenue administration x
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Cover IMF Staff Country Reports
Uganda: Second Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria
International Monetary Fund. African Dept.
This paper focuses on Uganda’s Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Economic performance of Uganda has been broadly favorable. Progress has been made on structural reforms, but further steps are needed. Starting the construction of the two hydropower projects without further delay, approving and regulating the Public Financial Management Bill, and strengthening accounting controls are crucial steps in the reform effort. The expected amendments to the Bank of Uganda Act should support the inflation targeting regime. Based on the proposed policies, the IMF staff supports completion of the second PSI review.
Keywords:
ISCR; CR; credit growth; monetary policy; management; core inflation; framework regime; monetary policy formulation; medium term inflation target; East mission; Budget planning and preparation; East Africa; Africa
Cover IMF Staff Country Reports
Uganda: 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and Cancellation of Current 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. African Dept.
This paper focuses on Uganda’s 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and cancellation of Current Policy Support Instrument. Driven mainly by investment and trade, growth has recovered to about 5 percent, a stronger than expected rebound from the low 3½ percent expansion registered last year. Fast implementation of road construction, the start of operations of the Bujagali hydropower plant, and a good harvest boosted aggregate demand. Envisaged public finance management reforms are set to address the problems of persistent under budgeting, arrears accumulation, and failure to sanction financial irregularities.
Keywords:
ISCR; CR; authority; monetary policy; IMF's framework; government endeavor; management bill; medium term strategy of the authorities; monetary management; ITL regime; core inflation; Budget planning and preparation; Inflation; Government finance statistics; Global; Africa
Cover Fiscal Reforms in Low-Income Countries
Fiscal Reforms in Low-Income Countries
Mr. Benedict J. Clements
,
Mr. Liam P. Ebrill
,
Mr. Sanjeev Gupta
,
Mr. Anthony J. Pellechio
,
Mr. Jerald A Schiff
,
Mr. George T. Abed
,
Mr. Ronald T. McMorran
, and
Marijn Verhoeven

Abstract

The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve macroeconomic stability, the long-term goal is to secure more durable improvements in fiscal performance. This study reviews the fiscal reform experience of 36 low-income developing countries that undertook macroeconomic and structural adjustment in the context of the IMF's Structural Adjustment Facility and Enhanced Structural Adjustment Facility during the period of 1985-95.

Keywords:
OP; ESAF country; IMF staff estimate; CFA franc; CFA franc country; country authorities; ESAF program; program year; expenditure policy reform; Consumption taxes; Taxes on trade; Capital spending; Africa; Western Hemisphere; Asia and Pacific; revenue ratio; zone African; ESAF participant; Current spending; Tax administration core functions