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

• Record Nr.: UNINA9910974014803321
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2013
• ISBN: 9781475579109; 1475579101; 9781484329443; 1484329449; 9781475536867; 1475536860
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (105 p.)
• Collana: IMF Staff Country Reports
• Disciplina: 332
• Soggetti: Banking; Banks and Banking; Banks and banking; Banks; Budget planning and preparation; Budget Systems; Budget; Budgeting & financial management; Budgeting; Computer Programs: Other; Data Collection and Data Estimation Methodology; Deflation; Depository Institutions; Econometrics & economic statistics; Economic and financial statistics; Finance; Finance, Public; Government finance statistics; Inflation targeting; Inflation; Macroeconomics; Micro Finance Institutions; Monetary economics; Money and Monetary Policy; Mortgages; National Budget; National Government Expenditures and Related Policies: General; Price Level; Prices; Public finance & taxation; Public Finance; Public financial management (PFM); Revenue administration; Revenue; Statistics; Taxation, Subsidies, and Revenue: General; Uganda Economic policy; Uganda Economic conditions; Uganda
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS AND PROGRAM PERFORMANCE; A. Growth is Recovering from a Short Slowdown; BOXES; 1. Response to 2010 Article IV Consultation's Key Recommendations; FIGURES; 1. Developments in the Real Sector; B. The Policy Stance has Adapted to the Evolving Conditions; 2. External Developments; 3. Fiscal Developments; 4. Bank of Uganda Monetary Operations in the Foreign Exchange and Money Markets; C. Progress in Structural Reforms was Mixed; D. Program Performance Under the Sixth Review of the PSI was Satisfactory; 2. Progress Under the PFM Reform Commitments; ECONOMIC OUTLOOK AND RISKS 3. External Stability Assessment; POLICY DISCUSSIONS; A. Fiscal Policy: Gains in Efficiency and Transparency; B. Monetary Policy: Modernizing the Inflation Targeting Framework; 4. Enhancing PFM; C. The Financial Sector: Sound but Still Shallow; 5. Refining the Monetary Policy Framework; D. Achieving Broad-Based and Inclusive Growth: Economic Diversification and Efficient and Transparent Use of Oil Wealth; 6. Vision 2040; 7. Competitiveness; THE NEW PSI; STAFF APPRAISAL; TABLES; 1. Selected Economic and Financial Indicators, FY2009/10-2017/18; 2a. Fiscal Operations of the Central Government, FY2009/10-2017/18 (Billions of Uganda Shillings) 2b. Fiscal Operations of the Central Government, FY2009/10-2017/18 (Percent of GDP); 2c. Quarterly Fiscal Operations of the Central Government, 2012/13-2013/14; 3. Monetary Accounts, FY2009/10-2017/18; 4. Balance of Payments, FY2009/10-2017/18; 5. Banking Sector Indicators, March 2010-December 2012; 6. Quantitative Assessment Criteria and Indicative Targets Out turn for December 31, 2012 and March 31, 2013; 7. Structural Benchmarks Out turn for the Sixth PSI Review; ANNEXES; I. Joint Bank-Fund Staff Debt Sustainability Analysis Update 2013 II. Risk Assessment Matrix and Vulnerability to External Shocks; III. ; Strengthening Revenues in Uganda: Challenging but Necessary; IV. Inclusive Growth in Uganda: Achievements and Challenges; V. Oil Revenues in Uganda: From Resource Wealth to Growth; APPENDICES; I. Letter of Intent; Attachments; 1. Memorandum of Economic and Financial Policies; 2. Technical Memorandum of Understanding; CONTENTS; FUND RELATIONS; JOINT BANK-FUND WORK PROGRAM, JULY 2013-JUNE 2014; STATISTICAL ISSUES (AS OF MAY 31, 2013)
• Sommario/riassunto: 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.