This Technical Assistance Report discusses the advice provided by the IMF staff to the authorities of Uganda regarding implementation of fiscal regimes for extractive industries. The report considers options on how to conduct future licensing rounds, including possible bid variables and bid...

This Technical Assistance Report discusses the advice provided by the IMF staff to the authorities of Uganda regarding extractive industry fiscal regimes. As Uganda's portfolio of projects diversifies in the oil sector, the minimum take could be adjusted to allow for possible bonus bids, and for...

The economy is recovering from a historic downturn thanks to policy support, rebounding oil prices and international financial assistance. Benefiting from the authorities' pro-active approach, COVID-19 infection rates and fatalities have been contained. With higher oil prices and the country...