Uganda : First Review Under The Policy Support Instrument.

This paper discusses Uganda's First Review Under the Policy Support Instrument (PSI). Growth has continued to recover from the 2011-2012 low. In an environment of declining inflation-recently halted by a drought-driven food price shock-the fiscal stimulus has been successful in driving economic...

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Συγγραφή απο Οργανισμό/Αρχή: International Monetary Fund. African Dept
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2013.
Σειρά:IMF Staff Country Reports; Country Report ; No. 2013/375
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη:This paper discusses Uganda's First Review Under the Policy Support Instrument (PSI). Growth has continued to recover from the 2011-2012 low. In an environment of declining inflation-recently halted by a drought-driven food price shock-the fiscal stimulus has been successful in driving economic activity, and a planned program of infrastructure investment is expected to boost growth further. The external accounts remain sustainable. The current account deficit declined mainly owing to a temporary slowdown of foreign direct investment-related imports. With satisfactory program performance, IMF staff supports completing the first PSI review and increasing the ceiling on nonconcessional borrowing.
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Φυσική περιγραφή:1 online resource (75 pages)
Μορφή:Mode of access: Internet
ISSN:1934-7685
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