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Politics & Policy
Brics alliance strengthens as six nations join inclusive global club
The Brics alliance is counting on its expansion to strengthen global governance reform and offer an alternative to Western-dominated institutions
August 25, 2023
Politics & Policy
IMF, World Bank set aside $60bn for coronavirus response in developing countries
The International Monetary Fund and the World Bank are allocating more than $60 billion in emergency funds for developing countries to combat the coronavirus outbreak
March 5, 2020
Economy
IMF sees favourable prospects for Uganda, calls for more social spending
The IMF is optimistic about Uganda's prospects over the next five years but says more social spending is needed to fight unemployment among youths and women
May 10, 2019
Economy
IMF calls for more intrusive bank supervision, and revises down growth forecast
The International Monetary Fund is the latest institution to downgrade Uganda's growth projections for the current financial year, following similar updates by the World Bank and the Bank of Uganda.
May 17, 2017
Economy
IMF urges curb on government spending, praises BoU policy
Bank of Uganda's tight monetary policy has been successful in bringing down inflation to within target, the International Monetary Fund said on Tuesday. But it also raised concerns about high government spending and lower tax collections.
October 26, 2016
Economy
Uganda to grow 4.9% in 2016 – IMF
The Uganda economy is set to grow at 4.9% in 2016, according to a report released by the International Monetary Fund, slightly higher than the 4.8% registered in 2015. It also forecasts a real GDP growth of 5.5% in 2017.
October 26, 2016