UGANDA

UGANDA
JOINT WORLD BANK-IMF WORK PROGRAM
Title Products Provisional
Timing of
Missions (if
relevant)
World Bank
The current portfolio consists of 18 national
projects with a net commitment of $2.2 billion
in IDA credits and grants, and another
$255 million in IDA credits for 7 regional
projects. In line with the national
development agenda, roughly half of the
portfolio is supporting infrastructure
investments in energy, roads, urban
development, and ICT. Other key sectors
include agriculture, water, urban
development, education, health, and private
sector competitiveness.
Expected
Delivery Dates
In the near term, the Bank took a decision to
withhold new lending to Uganda effective
August 22, 2016 while reviewing the country’s
portfolio in consultation with the Government
of Uganda. The Bank continues to work
actively with the Ugandan authorities to
address the outstanding performance issues
in the portfolio including delays in project
effectiveness.
The Bank is committed to support the
country’s development. Over the medium
term, new IDA resources are targeted for use
in Uganda, and these will be deployed in key
areas outlined in the World Bank’s Country
Partnership Framework (CPF) endorsed by the
Bank’s Board on April 21, 2016. New
operations could include significant support
to areas such as improving intergovernmental
fiscal transfers through the use of the
Program for Results instrument.
A planned Development Policy Operation
(DPO) is currently on hold.
Board
presentation
date to be
determined
6 INTERNATIONAL MONETARY FUND