While Uganda is considered to be at low risk of debt distress, the stagnant tax effort and large planned capital expenditures might significantly alter this position. This paper employs the dynamic stochastic general equilibrium (DSGE) model to examine …

The Business Climate Index (BCI) has been produced by the Economic Policy Research Centre (EPRC) for Uganda, since June 2012. It reflects the perceptions of Ugandan business managers on the current and near future (expected three months ahead) business …

For the second consecutive quarter, the perceptions on Uganda’s business environment deteriorated. This negative sentiment about the business environment could emanate from the lag effects of the electoral cycle, pass through effects of exchange rate d …

Although there were efforts to improve tax revenue performance, tax revenues have not been responsive to overall GDP growth. This has resulted in a tax-to-GDP ratio that has stagnated at about 13% for some time. The stagnant tax effort has constrained …

There is a growing strand of literature on the determinants of tax revenue. This paper largely contributes to this tax revenue performance in developing countries, particularly in Sub Saharan Africa. More specifically they estimate the tax elasticities …

Studies on inflation earlier in Uganda did not fully account for the potential role of supply side constraints in agriculture. This paper’s purpose, therefore, is to estimate the determinants of inflation in Uganda. It highlights the possible feed thro …

“This paper seeks to interrogate three major aspects of oil extraction and revenue management that relate to issues around intergenerational equity in the Ugandan context. The first aspect concerns the management of the process of extracting the oil, r …

“Using time series and the Uganda National Household Survey data, this paper seeks to examine the impact of the electricity reforms on the performance of the sector. Specifically, we investigate the effectiveness of the reforms in terms of sector perfo …

“The BCI reflects the perceptions of Ugandan business executives on the current and expected business economic conditions. The BCI is intended to be an indicator of economic activity, to supplement official statistics. The major advantage of the BCI ov …

“The global food price crisis has worsened the food security situation for many developing countries especially those that are net food importers. In September 2012, the United Nations Food and Agriculture Organization (FAO) raised fears of a repeat of …