Uganda: Ex Post Assessment of Performance Under Fund-Supported Programs and Public Information Notice on the Executive Board Discussion.
Volume/Issue:
Volume 2006
Issue 024
Publication date: January 2006
ISBN: 9781451838794
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Banks and Banking , Public Finance , Public Policy - Social Services and Welfare , Poverty and Homelessness , ISCR , CR , IMF executive board reviews Uganda's performance , assessment , ratio , executive board assessment , ambitious reform program , revenue projection , NPV ratio , Fund assistance , macroeconomic performance , Poverty reduction , Poverty reduction and development , Africa
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Summary
This paper discusses Uganda’s Ex Post Assessment of Performance Under IMF-Supported Programs. Uganda’s annual average growth rate of about 6½ percent over the past decade was exceptional. Uganda was broadly successful in containing annual inflation to 5 percent during the program period under review. A market-based exchange rate system has provided flexibility in the face of fluctuating coffee prices and large donor inflows. Public expenditure management (PEM) reforms have taken time, but have led to important achievements in the building of budgetary institutions.
