Uganda : First Review Under the Policy Support Instrument and Modifications to Assessment Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

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Release Date: © June, 2007
ISBN : 978-1-45273-661-7
Stock #: 1UGAET2007002
English

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Description

The staff report for the First Review under the Policy Support Instrument and Modifications to Assessment Criteria discusses Uganda’s medium-term expenditure framework (MTEF). The MTEF aims at higher public savings based on spending restraint and a rising domestic revenue ratio. The Bank of Uganda (BOU) will rely on a combination of foreign exchange sales and open market operations to sterilize liquidity. Better and more extensive transport networks and expansion of the pool of long-term savings are also critical for sustainable economic growth.

Taxonomy

Economic policy , Economic sectors , Energy sector , Exchange rate policy , Foreign exchange , IMF governance and operations , Inflation , Monetary policy , Operations , Performance Criteria , Poverty Reduction and Development , Social indicators , Stand-by Arrangements




More publications in this series: IMF Staff Country Reports