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Uganda: Request for a Three-Year Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Uganda
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 141
Language:
English
Publication Date:
30 Jun 2021
DOI:
https://doi.org/10.5089/9781513584638.002
ISBN:
9781513584638
ISSN:
1934-7685
Pages:
124
Keywords:
positivity rate; introduced lockdown; lockdown measure; ECF program; cargo truck drivers; pro-business reform; COVID-19; Credit; Debt service ratios; Global; Africa
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The Ugandan authorities reacted swiftly to the COVID-19 crisis, locking down the economy, saving lives and avoiding a public health crisis. However, the resulting economic and social costs have been high. Per capita GDP growth remains below pre-pandemic levels, poverty gains have been reversed, fiscal balances have deteriorated, and pressures on external buffers remain high.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund