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Uganda [electronic resource] : Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and a Press Release on the Executive Board Discussion.

By: International Monetary Fund.
Material type: materialTypeLabelBookSeries: IMF Staff Country Reports, Country Report: No. 02/213Publisher: Washington, D.C. : International Monetary Fund, 2002Description: 1 online resource (94 p.).ISBN: 1451838646 :.ISSN: 1934-7685.Subject(s): Budget | Debt | Interest | Local Government | Public Administration | UgandaAdditional physical formats: Print Version:: Uganda : Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Statement; and a Press Release on the Executive Board DiscussionOnline resources: IMF e-Library | IMF Book Store Abstract: This paper assesses Uganda's Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program for 2002/03-2004/05, which could be supported by a new PRGF arrangement, aims to increase real GDP growth to about 6 1/2 percent a year on average, while holding annual inflation at about 3 1/2 percent. Monetary and exchange rate policies will focus on maintaining stability in light of sizable sterilization operations. The authorities will rely on market-based monetary instruments and will adhere to a flexible exchange rate policy.
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This paper assesses Uganda's Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). The program for 2002/03-2004/05, which could be supported by a new PRGF arrangement, aims to increase real GDP growth to about 6 1/2 percent a year on average, while holding annual inflation at about 3 1/2 percent. Monetary and exchange rate policies will focus on maintaining stability in light of sizable sterilization operations. The authorities will rely on market-based monetary instruments and will adhere to a flexible exchange rate policy.

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