Policy Instruments under taken by the Government of Uganda under Structural adjustment programs (saps)
- Privatization of public enterprises aimed at strengthening the private sector.
- Cost sharing in social service delivery. For example in schools and hospitals
- Retrenchment of civil servants aimed at reducing the size of civil servants
- Demobilization of soldiers aimed at reducing government expenditure
- Economic liberalization aimed at efficient resource allocation through liberalization of the exchange rate, interest rates, prices etc. to allow market forces of demand and supply to operate
- Tax administration reforms aimed at improving tax collection and administration. This led to the formation of Uganda Revenue Authority in 1987
- Infrastructural development policy aimed at rehabilitating all high ways, feeder roads, railways, ferries, airports, storage facilities, financial institutions etc.
- Monetary policy reforms aimed at controlling money supply, encouraging deposits, developing security markets, strengthening the supervisory role of the central bank, encouraging the establishment of private financial institutions etc.
- Export promotion programs through export diversification, value addition to improve on quality, periodic devaluation of the Ugandan shilling etc.
- Rationalization of investment laws aimed at encouraging investments in the country. This led to the formation of Uganda Investment Authority (VIA) in1991
CATEGORIES Economics
TAGS Dr. Bbosa Science
