Uganda

This paper discusses Uganda’s Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), Request for Waiver of Performance Criteria, and Request for a Policy Support Instrument (PSI). Performance relative to the sixth and final PRGF review was satisfactory. The authorities request waivers for two performance criteria that were not observed by small margins. Corrective measures will be undertaken during 2006. The authorities have also requested a PSI to begin immediately after the current PRGF arrangement expires.Announcements;Debt relief;Economic indicators;Economic reforms;Performance criteria waivers;Policy Support Instrument;Poverty Reduction and Growth Facility;Staff Reports;debt service, external debt, debt sustainability, public debt, external borrowing, budget support, public expenditure, current account, debt-service, fiscal consolidation, debt burden, central bank, debt sustainability analysis, fiscal policy, balance of payments, debt management, reserve assets, current account deficit, public sector debt, public finance, external payments arrears, public and publicly guaranteed, multilateral debt, multilateral debt relief, external payments, debt relief initiative, tax administration, fiscal deficit, external debt service, domestic financing, primary deficit, fiscal operations, tax policy, budget allocations, debt rescheduling, debt dynamics, external liabilities, tax revenues, fiscal decentralization, public expenditures, fiscal years, external financing, debt service to exports, budget management, debt management capacity, debt ratio, debt management policies, central government spending, fiscal indicators, budgetary central government, current account balance, public sector management, debt service payments, debt reduction, tax bases, tax rates, public sector borrowing, fiscal decentralization strategy, domestic debt, revenue collection, tax collection, fiscal policy framework, short-term debt, fiscal stance, fiscal performance, external debt management, external debt management capacity, public spending, government spending, debt service to export, public external debt, fiscal policy objectives, domestic currency, tight fiscal policy, fiscal reporting, debt data, expenditure restraint, government expenditures, intergovernmental fiscal transfer, budget projections, external shocks, fiscal policies, private sector borrowing, external debt sustainability, payment arrears, commercial borrowing, liquidity injection, local taxes, tax base, fiscal priorities, commercial creditors, structural adjustment, fiscal space, budgetary allocations, accumulation of arrears, imf purchases, general resources account, medium-term fiscal strategy, fiscal framework, ppg debt, responsible fiscal policy, fiscal strategy, fiscal transfer, external loan, intergovernmental fiscal, domestic savings, budget allocation, budget deficit, local government budgeting, private sector debt, debt management policy, budget constraints, actual debt, debt service relief, debt stock, tax collections, budgetary discipline, fiscal program, currency debt, bilateral agreements, balance of payment, long-term debt, debt outstanding, administrative improvements, government budgeting, central government fiscal, fiscal assumptions, government budget, net debt, tax incentives, fiscal transfer system, fiscal restraint, gradual fiscal decentralization