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- W4211099239 abstract "This 2017 Article IV Consultation highlights that Uganda’s recent economic performance has been sound, notwithstanding a slowdown in growth. Real GDP growth is estimated to have slowed to 3.9 percent in FY2016/17, reflecting domestic factors and external headwinds, including the drought in the Horn of Africa. The banking sector remains well-capitalized overall. However, elevated nonperforming loans have constrained bank lending which contributed to the growth slowdown. Food price inflation increased owing to the drought, but core inflation was 5.1 percent in May 2017, in line with the Bank of Uganda’s target. The outlook is broadly favorable. With steadfast policy implementation and assuming improved weather conditions, growth could accelerate to 5 percent in FY2017/18." @default.
- W4211099239 created "2022-02-13" @default.
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- W4211099239 date "2017-01-01" @default.
- W4211099239 modified "2023-09-30" @default.
- W4211099239 title "Uganda: 2017 Article IV Consultation and Eighth Review Under the Policy Support Instrument-Press Release; Staff Report; and Statement by the Executive Director for Uganda" @default.
- W4211099239 doi "https://doi.org/10.5089/9781484309322.002" @default.
- W4211099239 hasPublicationYear "2017" @default.
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