Suchergebnisse

This paper focuses on Uganda''s Second Review Under the Policy Support Instrument (PSI) and Request for Modification of Assessment Criteria. Economic performance of Uganda has been broadly favorable. Progress has been made on structural reforms, but further steps are needed. Starting the construction of the two hydropower projects without further delay, approving and regulating the Public Financial Management Bill, and strengthening accounting controls are crucial steps in the reform effort. The expected amendments to the Bank of Uganda Act should support the inflation targeting regime. Based

Cover -- Contents -- List of Acronyms -- Executive Summary -- Action Plan -- Project Framework Summary -- I. Introduction -- II. Implementation of Previous Missions' Recommendations -- III. Collection and Compilation of Monetary Statistics for Other Depository Corporations -- A. Bank of Uganda -- B. Other Depository Corporations -- IV. Collection and Compilation of Monetary Statistics for Other Financial Corporations -- A. National Social Security Fund -- B. Private Pension Funds -- C. Insurance Companies -- D. Non-Deposit Taking Microfinance Institutions -- E. Investment Funds and Unit Trusts -- F. Uganda Development Bank -- G. Foreign Exchange Bureaus -- V. Monetary Aggregates, Interest Rates, and Stock Exchange Index -- A. Monetary Aggregates -- B. Interest Rates -- C. Stock Exchange Index -- VI. Intra-EAC Positions -- VII. Data Reporting to the IMF -- VIII. Data Dissemination -- IX. Training and Technical Assistance -- Appendices -- I. List of Officials Met by the Mission -- II. Status of Implementation of the Previous Mission's Recommendations.

Uganda is regarded as one of the most successful turnaround states in sub-Saharan Africa, with sustained improvement in rates of economic growth and poverty reduction, and in bringing peace to many parts of the country after years of political instability and civil strife. These achievements are offset by low levels of life expectancy, continuing problems of rural poverty, and persistent conflict in the north. This article examines the reasons for Uganda's success from the late 1980s, highlighting the government's willingness to learn lessons from reform experiments in other countries, the significance of political commitment and state capacity, the timing and sequencing of reforms, and a strategy of compensating the potential losers of reform. Foreign aid played a critical role in Uganda's turnaround, through the provision of ideas, technical assistance and financial resources. The article concludes that the considerable achievements to date may not be sustained on account of the failure to achieve a durable cessation of conflict in the north and to address growing governance problems, which have wider implications for political stability, economic reform and poverty reduction. (IDS Bull/GIGA)

Cover -- CONTENTS -- Abbreviations -- Executive Summary -- Project Framework Summary for Quarterly National Accounts -- I. Introduction -- II. Statistics Prerequisites -- III. Rebased GDP Estimates -- IV. GDP by Economic Activity -- A. Agriculture, Forestry and Fishing -- B. Mining and Quarrying -- C. Manufacturing -- D. Electricity, Gas, Steam and Air Conditioning Supply -- E. Water Supply, Sewerage and Waste Management Activities -- F. Construction -- G. Motor Vehicle Sales and Repairs, and Other Wholesale and Retail Trade -- H. Transport and Storage -- I. Accommodation and Food Service Activities -- J. Information and Communication -- K. Financial and Insurance Activities -- L. Real Estate Activities -- M. Professional, Scientific and Technical Activities -- N. Administrative and Support Service Activities -- O. Public Administration -- Compulsory Social Security Activities -- P. Education -- Q. Human Health and Social Work Activities -- R. Arts, Entertainment and Recreation -- S. Other Service Activities -- T. Activities of Households as Employers -- U. Taxes less Subsidies on Products -- V. GDP by Expenditure -- A. Government Final Consumption Expenditure -- B. Final Consumption Expenditure of NPISH -- C. Household Final Consumption Expenditure -- D. Gross Fixed Capital Formation -- E. Changes in Inventories -- F. Acquisitions less Disposals of Valuables -- G. Exports and Imports of Goods and Services -- Appendix I: Rebased GDP Estimates -- Appendix II: Action Plan for the SUT/GDP Rebase.

Cover -- CONTENTS -- BACKGROUND AND RECENT DEVELOPMENTS -- PERFORMANCE UNDER THE PSI -- POLICY DISCUSSIONS -- A. Economic Outlook and Risks -- B. Recalibrating Fiscal Policy and Mitigating Risks -- C. Consolidating the Fiscal Position over the medium term -- D. Anchoring inflationary expectations and maintaining financial stability -- E. Advancing financial sector deepening and inclusion -- F. Reinvigorating structural reforms -- POLICIES TO SUPPORT GROWTH AND POVERTY REDUCTION -- STAFF APPRAISAL -- FIGURES -- 1. Real Sector Developments -- 2. External Sector Developments

1: Floriculture; 2: Forestry. - 24 S.; 3: Fruits and vegetables. - 16 S.; 4: Fish and fish farming; 5: Livestock. - 12 S.; 6: Mining. - 24 S.; 7: Cotton and textiles. - 20 S.; 8: Edible oil. - 24 S.; 9: Foods and beverages; 10: Leather. - 24 S.; 11: Dairy and dairy products. - 24 S.; 12: Electronics; 13: Packaging. - 16 S.; 14: Pharmaceuticals. - 28 S.; 15: Metal and metal products; 16: Iron and steel; 17: Building and construction; 18: Energy; 19: Storage. - 16 S.; 20: Transport and communications; 21: Financial services; 22: Health care. - 20 S.; 23: Tourism; 24: Education services

Cover -- CONTENTS -- GLOSSARY -- PREFACE -- EXECUTIVE SUMMARY -- I. INTRODUCTION -- II. THE STOCK-TAKE AS A NEW BASELINE -- A. Accomplishments of the Stock-take -- B. Concluding the Stock-take Exercise -- C. Summary of Recommendations -- III. IMPROVING PROJECT PRIORITIZATION AND BUDGETING -- A. From the Stock-take to the Flow-take -- B. Towards Robust Project Prioritization and Budgeting -- C. Summary of Recommendations -- IV. IMPROVING OVERSIGHT AND REPORTING OF MULTI-YEAR COMMITMENTS -- A. Improving the MYCS -- B. Summary of Recommendations -- V. IMPLEMENTING THE IBP -- A. Background -- B. The IBP - Phase I -- C. Designing the IBP - Phase II -- D. Data Migration into the IBP -- E. Scope of the IBP/PIP -- F. IT System Linkages and Project Coding -- G. Managing the Project Registration -- H. Summary of Recommendations -- VI. STRENGTHENING THE LEGAL AND INSTITUTIONAL FRAMEWORK -- A. Legal Framework for Public Investment Management -- B. The Role of the Development Committee and its Guidelines -- C. Harmonizing Traditional Projects and PPPs -- D. Key Considerations for the Planned PIM Policy -- E. Summary of Recommendations -- BOXES -- 1.1. The Project Universe and Database -- 6.1. Legal Framework Structure for the Jamaican PIM System -- 6.2. Legal Framework Structure for PIM Systems in some Countries -- 6.3. Suggested Updates to the DC Guidelines -- FIGURES -- 2.1. Types of Projects Present in the PIP -- 2.2. Improving the Estimates of the Size of the PIP -- 2.3. Impact of the Clean-up Exercise on the MTF 2019/20-21/22 -- 3.1. Comparison of Future Commitments -- 5.1. Vision of an Integrated PIM Information System -- 5.2. Tracking and Monitoring Model -- 5.3. Preliminary Assessments of the Quality of Project Information -- 5.4. Coverage of the Project Cycle through IT Platforms and Tools.

Cover -- Contents -- Abbreviations -- Executive Summary -- Project Framework Summary for Quarterly National Accounts -- I. Introduction -- II. Statistics Prerequisites -- III. Supply and Use Tables -- A. Key Results -- B. Data Sources and Methodology -- IV. Revising the Annual and Quarterly Estimates -- A. Agriculture, Forestry and Fishing -- B. Mining and Quarrying -- C. Manufacturing -- D. Electricity, Gas, Steam and Air Conditioning Supply -- E. Water Supply, Sewerage and Waste Management Activities -- F. Construction -- G. Motor Vehicle Sales and Repairs, and Other Wholesale and Retail Trade -- H. Transport and Storage -- I. Accommodation and Food Service Activities -- J. Information and Communication -- K. Financial and Insurance Activities -- L. Real Estate Activities -- M. Professional, Scientific and Technical Activities -- N. Administrative and Support Service Activities -- O. Public Administration -- Compulsory Social Security Activities -- P. Education -- Q. Human Health and Social Work Activities -- R. Arts, Entertainment and Recreation -- S. Other Service Activities -- T. Activities of Households as Employers -- U. Taxes less Subsidies on Products -- V. Completion of the GDP Rebase -- Appendix -- Appendix I: SUT Comparison Tables -- Appendix II: Action Plan for the SUTs/GDP Rebase.

Uganda is often heralded as an African success story. The country re-established political stability after the civil wars following Idi Amin's overthrow and subsequently experienced strong economic growth during the 1990s. Gross domestic product (GDP) grew rapidly at almost 4 percent annually in per capita terms during 1993–2000 (Uganda, BOS 2008a). At least part of this rapid growth was due to a program of economic reforms, although the implications of these reforms were not universally positive (see, for example, Dijkstra and Van Donge 2001). Economic growth during the 1990s was also broadly based, with per capita agricultural GDP rising by about 1.5 percent per year, driven by both food and traditional export crops. Economywide growth greatly reduced poverty in both rural and urban areas (Uganda, BOS 2008b). Moreover, poverty rates fell fast enough to offset high population growth, and by 2000 there were almost three million fewer people living below the poverty line than in 1993. Agricultural growth thus played a key role during Uganda's successful recovery period by fostering broad-based growth and poverty reduction (Kappel, Lay, and Steiner 2005). ; PR ; IFPRI1 ; DGO; DSGD