Summary: Uganda (Republic of) - S&P Global Ratings’ Credit Research

Summary: Uganda (Republic of)

Summary: Uganda (Republic of) - S&P Global Ratings’ Credit Research
Summary: Uganda (Republic of)
Published Apr 21, 2011
1273 words — Published Apr 21, 2011
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Abstract:

The ratings on the Republic of Uganda are constrained by: the sovereign's low economic development; its dependence on donor funds; the lack of a track record of democratic government handovers; ethic tensions; and the long-term challenges stemming from rapid population growth. The ratings are supported by: relatively unleveraged fiscal and external balance sheets following debt relief; good fiscal-monetary policy coordination; strong relations with donors; and good growth prospects on the back of ongoing investments and long-term oil prospects. GDP per capita stood at about $504 in 2011, substantially lower than the 'B' median but not out of line with some Sub-Saharan African peers' ratios. Development needs are significant and compounded by wide geographic disparity in poverty rates. In the long

  
Brief Excerpt:

RESEARCH Summary: Uganda (Republic of) Publication date: 21-Apr-2011 Primary Credit Analyst: Ravi Bhatia, London (44) 207-176-7113; ravi_bhatia@standardandpoors.com Secondary Contact: Christian Esters, CFA, Frankfurt (49) 69-33-999-242;...

  
Report Type:

Summary

Issuer
Uganda (Republic of)
Sector
Global Issuers
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Uganda (Republic of)" Apr 21, 2011. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Uganda-Republic-of-862137>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Uganda (Republic of) Apr 21, 2011. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Uganda-Republic-of-862137>
  
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