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Tag Archives: IMF

IMF on spot over liberalization policy

Christine Lagarde says government need to focus on reducing inequality The International Monetary Fund Managing Director Christine Lagarde on Jan. 27 found herself on the defensive as the audience sought for the global fund’s roles on Uganda’s development. This was during a public lecture held at the Kampala Serena Conference …

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ANALYSIS: IMF boss ensures 2017 budget will be ‘hard’

Lagarde (right) praised Museveni’s (left) scaled-up infrastructure investments.When President Yoweri Museveni, Minister of Finance, Economic Planning and Development Matia Kasaija, Governor of Bank of Uganda Tumusiime-Mutebile and other senior officials stepped into the meeting with visiting IMF Managing Director Christine Lagarde this last week, they had under their belt a …

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Bad news: IMF is back

Lagarde is visiting when the government is desperate for new money but in no mood to listen. Usually that means no deal but possibly not when the IMF and Museveni need each othe. Meetings between teams from IMF and planners of Uganda’s economy, especially President Yoweri Museveni, have historically involved …

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Kadaga urges IMF chief to support gender budgeting

The Speaker of Parliament Rebecca Kadaga has called upon the International Monetary Fund (IMF) to support Uganda in streamlining Gender Budgeting. In a meeting with the head of the IMF Christine Lagarde at Parliament on Friday, Kadaga highlighted the challenges faced by women and noted that funds allocated to the …

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IMF to help build houses for teachers, medical workers

MUSEVENI: We need IMF support for economic growth The International Monetary Fund (IMF) will support Uganda’s education and health sector plan to build houses for teachers and medical workers. The assurances were given by the visiting IMF Director Christine Lagarde in a meeting at State House Entebbe Friday with Uganda’s President Yoweri Museveni. …

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IMF: Sri Lanka stabilising after bailout

Colombo, SRI LANKA | AFP |  Sri Lanka’s economy has begun to stabilise after securing a $1.5 billion bailout earlier this year, but the island needs to build its dwindling foreign reserves, the IMF said Saturday. The Washington-based International Monetary Fund said it had just concluded its first review of …

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Uganda’s economy sound, says IMF

The economy isn’t in such a bad shape as earlier thought, the International Monetary Fund (IMF) has said in its latest assessment. Speaking at the conclusion of a two-week’s 7th review of Uganda’s economic programme under the Policy Support Instrument (PSI), Axel Schimmelpfennig, the IMF Mission chief, said the country’s prospects …

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