Uganda : third review under the policy support instrument, request for waiver of nonobservance of an assessment criterion, and request for modification of assessment criteria /

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Bibliographic Details
Corporate author / creator:International Monetary Fund. African Department.
Imprint:Washington, D.C. : International Monetary Fund, 2012.
Description:1 online resource (1 volume (various pagings)) : color illustrations.
Language:English
Series:IMF country report ; no. 12/125
IMF country report ; no. 12/125.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12500625
Hidden Bibliographic Details
ISBN:9781475554953
1475554958
9781475503975
Notes:"December 20, 2011."
Includes bibliographical references.
Summary:This paper presents key findings of the Third Review for Uganda under the policy support instrument. Monetary policy has been tightened significantly to reduce core inflation, supported by a contractionary fiscal stance. All but one of the seven quantitative assessment criteria were met at end-June; most structural benchmarks were met, although several with delay. Tighter monetary and fiscal policies in the near term aim to reduce inflation rapidly, while medium-term policies strive to create fiscal space to support stepped-up public infrastructure investment.