March 25, 2017

IMF STAFF CONCLUDES REVIEW MISSION TO UGANDA

     
The mission met with Hon. Mr. Matia Kasaija, Minister of Finance, Planning and Economic Development; Professor Emmanuel Tumusiime-Mutebile, Governor of the Bank of Uganda; Mr. Keith Muhakanizi, Permanent Secretary/Secretary of Treasury, and other senior government officials, as well as representatives from the private sector, civil society, and the international community
A team from the International Monetary Fund (IMF) led by Axel Schimmelpfennig, IMF Mission Chief for Uganda, visited Kampala from October 12 to 26, 2016 to conduct the seventh review of the country’s economic program under the Policy Support Instrument (PSI) [1]. At the end of the mission, Mr. Schimmelpfennig issued the following statement: “Uganda’s economy performed well in a complex environment. The February 2016 elections, muted global growth, and regional developments weighed on sentiment, and growth declined to 4.8 percent in FY15/16. More recently, high frequency indicators suggest an improvement, and growth is projected at a solid 5 percent this… Read more

SOURCE International Monetary Fund (IMF)

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