Uganda

Uganda’s post-pandemic economic performance has been robust with broad-based growth, contained inflation, and an improving external position supported by coffee exports and portfolio inflows. Foreign exchange (FX) reserves have also increased significantly in 2025 amid a favorable external environment. Nonetheless, fiscal policy space remains constrained, with rising vulnerabilities associated with widening fiscal deficits and a high debt servicing burden.

Authors

Publication Details

Journal
IMF Staff Country Reports
Published
2026-02-01
DOI
https://doi.org/10.5089/9798229035071.002
Primary Topic
COVID-19 Pandemic Impacts
Type
article
Field-Weighted Citation Impact
0.00
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article

Uganda

International Monetary Fund. African Dept.
IMF Staff Country Reports
COVID-19 Pandemic Impacts
article

Uganda

International Monetary Fund. African Dept.
article en

Abstract

Uganda’s post-pandemic economic performance has been robust with broad-based growth, contained inflation, and an improving external position supported by coffee exports and portfolio inflows. Foreign exchange (FX) reserves have also increased significantly in 2025 amid a favorable external environment. Nonetheless, fiscal policy space remains constrained, with rising vulnerabilities associated with widening fiscal deficits and a high debt servicing burden.

IMF Staff Country ReportsVol. 2026(026)
Openalex Percentile: Top 73%
COVID-19 Pandemic Impacts
DOIOpen Access PDFOpenAlex
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Uganda — International Monetary Fund. African Dept. · IMF Staff Country Reports (2026) | TGRS Research Map | TGRS