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Africa > Uganda

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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 Working Papers
Aid and Fiscal Management
Mr. Timothy D. Lane
and
Mr. Ales Bulir
This paper focuses on the macroeconomic aspects of fiscal management in aid-receiving countries. Despite the declining share of aid in budgets of donor countries, aid continues to play an important role in many developing countries. The paper first discusses the implications of aid in the economy as a whole and highlights the possibility of Dutch-disease effects of aid. Second, it discusses the implications of aid for short-term fiscal policy management?in particular, how actual or anticipated changes in aid receipts should be reflected in government spending.
Keywords:
WP; disbursement; aid disbursement; investment; goods; Foreign aid; fiscal management; economic growth; expenditure side; goods sector; nontradable goods; fiscal policy management; Consumption; Sub-Saharan Africa