Uganda: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and a Press Release on the Executive Board Discussion

International Monetary Fund

No 2002/213, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper assesses Uganda’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program for 2002/03–2004/05, which could be supported by a new PRGF arrangement, aims to increase real GDP growth to about 6½ percent a year on average, while holding annual inflation at about 3½ percent. Monetary and exchange rate policies will focus on maintaining stability in light of sizable sterilization operations. The authorities will rely on market-based monetary instruments and will adhere to a flexible exchange rate policy.

Keywords: ISCR; CR; peace agreement; fund staff; Ugandan People's Defense Forces; PRGF-supported program; LRA raid; staff appraisal; executive board discussion; Poverty reduction strategy; Poverty reduction; Poverty reduction and development; Budget planning and preparation; Southern Africa; Sub-Saharan Africa; East Africa (search for similar items in EconPapers)
Pages: 94
Date: 2002-09-30
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