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IMF’s recent engagements on infrastructure governance

Enhancing the Performance of Public Investment Management March 2017
Public Investment Management Reform Next Steps March 2018
Strengthening the Performance of Public Investment Management Next Phase April 2019
Public Investment Management Assessment (PIMA) June 2022
Climate PIMA (C-PIMA) September 2023
PIMA and C-PIMA Follow-Up October 2024

 

 

Related Documents

PIMA Technical Assistance Report

PIMA Country Summary Assessment

C-PIMA Technical Assistance Report

C-PIMA Country Summary Assessment

 

 

 

Summary of PIMA report

(Published in November 2022)

 

Since the end of the Uganda civil war in 1986, the significant and sustained increase in infrastructure investment has been alternately driven by spurts of both private and public investment. The high level of public investment in recent years reflects large public sector projects, including major road corridors and large hydropower projects throughout the country. Significant expansion of oil related infrastructure, and road and rail networks are planned for the medium term. Uganda’s level of public investment recently surpassed the Sub Sahara Africa (SSA) and Low-Income Developing Country (LIDC) averages but remains below regional comparators. Uganda’s capital stock is still significantly lower than LIDC, SSA averages and peer comparators. Section I of this report describes trends in public investment over the last decades.

 

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Summary of C-PIMA report

(Published in March 2024)

 

Uganda is exposed to climate change and natural hazards that can weigh on economic growth and pose significant risks to public infrastructure. Between 1985 and 2021, floods and epidemics were the most frequent natural hazards, representing approximately 70 percent of total events, while droughts, though more sporadic, had the largest impact on the country’s population. These events have a particularly strong impact on the agriculture sector and on rural population, which represent about 24 percent of gross domestic product (GDP) and close to 73 percent of total population, respectively. The country’s poverty level and the reliance on sectors sensitive to climate change, such as agriculture, increase its overall vulnerability to climate change. Moreover, there is a need to increase access to public infrastructure as the country lags its Sub-Sahara African (SSA) peers in the provision of key assets in the education, health, water, and electricity sectors, as underscored in the 2022 Public investment Management Assessment (PIMA).

 

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