Description: Uganda Economic Update, March 2014 : Are You Being Served?

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Uganda Economic Update, March 2014 : Are You Being Served?

This is the third edition of the Uganda Economic Update series. The first part of this update provides a general overview on the state of Uganda's economy. Then the second part offers an examination of an economic topic of special interest and...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Kampala 2014
Subjects:	ACCOUNTABILITY ACCOUNTABILITY RELATIONSHIPS ACCOUNTING ADMINISTRATION COSTS BALANCE OF PAYMENTS BALANCE OF PAYMENTS CRISES BANK LENDING BROAD MONEY BUDGET DEFICIT BUDGET DEFICITS BUDGET FORMULATION BUDGET FORMULATION PROCESS BUDGET MANAGEMENT BUDGET SUPPORT CAPACITY CONSTRAINTS CAPITAL INFLOWS CASH PAYMENTS CENTRAL BANK CENTRAL GOVERNMENT CENTRAL GOVERNMENT SPENDING COMMERCIAL BANKS COMMODITY PRICE COMMODITY PRICES CREDIBILITY CREDIT EXPANSION CREDIT FACILITIES CREDIT FLOWS CREDIT GROWTH CREDIT MARKET CREDIT MARKETS CREDIT RATINGS CREDITWORTHINESS CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT DEBT SERVICE DEBT SERVICE PAYMENTS DEBT SERVICING DECENTRALIZATION DECENTRALIZATION PROCESS DEPOSITS DEVELOPING COUNTRIES DISTRIBUTION OF CREDIT DOMESTIC BORROWING DOMESTIC CURRENCY DOMESTIC DEBT DOMESTIC MARKETS DOMESTIC REVENUE DOMESTIC SAVINGS ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS ECONOMIC GROWTH ECONOMIC GROWTH RATE ECONOMIC GROWTH RATES EDUCATION SERVICES EMERGING MARKET EMERGING MARKET ECONOMIES EQUIPMENT EQUITY CAPITAL EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPORT PERFORMANCE EXPORTERS EXTERNAL BORROWING EXTERNAL DEBT EXTERNAL FINANCING EXTERNAL GRANTS EXTERNAL LOANS FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL SECTOR FINANCIAL SERVICES FISCAL AUTONOMY FISCAL BALANCE FISCAL DEFICIT FISCAL DEFICITS FISCAL POLICY FISCAL REFORMS FISCAL SIDE FISCAL STANCE FISCAL STRATEGY FISCAL TRANSFERS FOREIGN CURRENCY FOREIGN CURRENCY LOANS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN GRANTS FOREIGN RESERVES GLOBAL ECONOMY GOVERNMENT EXPENDITURES GOVERNMENT SECURITIES GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT HEALTH CARE HEALTH OUTCOMES HEALTH SPENDING HOLDINGS HUMAN CAPITAL HUMAN CAPITAL DEVELOPMENT HUMAN DEVELOPMENT HUMAN RESOURCES INCOME TAX INCOME TAXES INFLATION INFLATION RATES INFLATIONARY EXPECTATIONS INFLATIONARY PRESSURE INFLATIONARY PRESSURES INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE INVESTMENTS INFRASTRUCTURE PROJECTS INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERGOVERNMENTAL TRANSFERS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL MARKETS INTERNATIONAL TRADE INVESTMENT INCOME INVESTMENT PROJECTS INVESTMENT SPENDING INVESTOR PROTECTION JUDICIAL INDEPENDENCE LABOR MARKET LABOR MARKETS LACK OF COMPETITION LEGAL FRAMEWORKS LEVEL OF ACCOUNTABILITY LIQUIDITY LIQUIDITY MANAGEMENT LOCAL CURRENCY LOCAL GOVERNMENT LOCAL GOVERNMENT SPENDING LOCAL GOVERNMENTS LOCAL REVENUE MACROECONOMIC ENVIRONMENT MACROECONOMIC INDICATORS MACROECONOMIC MANAGEMENT MACROECONOMIC POLICIES MACROECONOMIC POLICY MACROECONOMIC STABILITY MARGINAL INCREASE MARKET EFFICIENCY MARKET PRICES MATURITY MICROFINANCE MINISTRY OF FINANCE MONETARY POLICY MONEY MARKET MONEY MARKET RATES MONEY MARKETS MORTGAGE NATIONAL DEVELOPMENT PLAN NET LENDING OPTIMAL INVESTMENT OVERSIGHT BODIES POLITICAL RISKS POLITICAL STABILITY PRICE INDEX PRIVATE CREDIT PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR CREDIT PROPERTY RIGHTS PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC EXPENDITURE PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC FINANCES PUBLIC FINANCIAL MANAGEMENT PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SERVICES PUBLIC SPENDING REMITTANCES RESERVES RETURN REVENUE SOURCES RISK FACTORS SERVICE DELIVERY SERVICE PROVIDERS SOCIAL OUTCOMES SOCIAL SERVICES STATED OBJECTIVES TAX ADMINISTRATION TAX COLLECTION TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TERRORISM TIME DEPOSIT TOTAL EXPENDITURE TOTAL SPENDING TRADE BALANCE TRADING TRANSACTION TRANSPARENCY TREASURY TREASURY BILL TREASURY BILL RATE TREASURY BILLS WITHDRAWAL
Online Access:	http://documents.worldbank.org/curated/en/2014/03/19620749/uganda-economic-update-being-served-more-districts-mean-better-service-uganda http://hdl.handle.net/10986/18730

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Summary:	This is the third edition of the Uganda Economic Update series. The first part of this update provides a general overview on the state of Uganda's economy. Then the second part offers an examination of an economic topic of special interest and high relevance for the country, looking at how to improve service delivery by district governments. In 2013 Uganda managed to sustain macroeconomic stability and contain a short-lived uptick in inflation caused by fluctuations in regional food prices. This demonstrates the ability of the country's authorities to formulate and implement sound macroeconomic policies, and lays the foundation for continued achievement of economic growth rates in the range of 6-7 percent. The implementation of the large public infrastructure projects planned for the next several years should also contribute to growth. However, it will be as important as ever to keep budget deficits under control and to make sure that increased focus on infrastructure does not slow down progress in social outcomes. While healthy and educated population is critical for achieving Vision 2040, findings from the recent Service Delivery Indicators initiative launched by the World Bank show that the quality of Uganda's social services still lags behind the quality of its macroeconomic policies. This update proposes a set of reforms to improve value-for-money in service delivery, as well as contain the costs of local public administration.