New enhanced safeguards for debt sustainability and capacity to repay that would apply to requests for new Poverty Reduction and Growth Trust (PRGT) arrangements or augmentations above certain access thresholds and for countries like Uganda at high risk of debt distress or in debt distress. The safeguards were introduced in the context of increases in PRGT access limits, in recognition of the need for stronger safeguards to mitigate risks associated with higher Fund lending.

Readmore:https://www.imf.org/-/media/Files/Publications/PP/2022/English/PPEA2022028.ashx

• Accountability of the Covid Fiscal Response in Uganda

Responding in an open and accountable manner to the pandemic is not only important for the government to show its commitment to the well-being of its citizens, but also because open budgets have real benefits from reducing the risks of corruption to ensuring more equitable and effective policy outcomes. The goal of this assessment is to identify how countries can improve both during and after the COVID-19 global crisis.

      Read more: https://internationalbudget.org/wp-content/uploads/COVID-Brief-Uganda.pdf