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Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their...
Persistent link: https://www.econbiz.de/10011123874
policy that took place in 2011 in four members of the East African Community: Kenya, Uganda, Tanzania and Rwanda. We find …
Persistent link: https://www.econbiz.de/10011242205
Uganda has benefited from international reserve accumulation. The fiscal stance is tighter mainly owing to delays in …
Persistent link: https://www.econbiz.de/10011243067
This paper focuses on Uganda’s 2013 Article IV Consultation and Sixth Review Under the Policy Support Instrument, Request for a Three-Year Policy Support Instrument and cancellation of Current Policy Support Instrument. Driven mainly by investment and trade, growth has recovered to about...
Persistent link: https://www.econbiz.de/10011243441
This paper discusses Uganda’s Third Review Under the Policy Support Instrument (PSI). Supported by generally sound policies, Uganda’s economic performance was positive in FY2013/14. All quantitative assessment criteria and structural benchmarks were met, and the authorities have...
Persistent link: https://www.econbiz.de/10011244647
of Assessment Criteria. Economic performance of Uganda has been broadly favorable. Progress has been made on structural … reform effort. The expected amendments to the Bank of Uganda Act should support the inflation targeting regime. Based on the …
Persistent link: https://www.econbiz.de/10011245395
KEY ISSUES Macroeconomic developments remain favorable. Economic growth was strong during the first half of 2014 and is expected to remain close to 7 percent. Inflation remains in mid-single digits, consistent with the authorities’ target of 5 percent by June 2015. New national accounts...
Persistent link: https://www.econbiz.de/10011243503
KEY ISSUES Economic background and outlook. Tanzania has enjoyed strong and stable growth, projected to remain at 7 … debt sustainability analysis, Tanzania remains at low risk of debt distress. Recent program engagement. Tanzania concluded …
Persistent link: https://www.econbiz.de/10011243675
Persistent link: https://www.econbiz.de/10011244224
Tanzania’s economic growth continues to be buoyant. The planned monetary policy tightening is aimed at entrenching gradual disinflation. Executive Directors recommend further enhancing the degree of exchange rate flexibility, and the fiscal deficit reduction envisaged in the draft budget...
Persistent link: https://www.econbiz.de/10011244271