Key economic indicators 14th issue July 1993
1993
Macroeconomic analysis and key economic indicators during this year 1992/1993; control of inflation was one of the outstanding economic achievements, many developments resulted in fall of inflation from underlying 50 in Jul 1992 to 9.2 in June 1993. Price stability was made in fiscal year 1992/1993, money supply increased significantly. The value of coffee exports increased from US $ 19510 in the first quarter to US $ 20278 in the second quarter, part of increase is attributed to growth in vols. from 26324 tons in quarter one to 27723 tons in second quarter and growth input value from US$ 0.70/kg to US$ 0.76/Kg in second quarter. Revenue collections during 93/93 progressively improved as a result of improvement in tax administration, total collection in this period was UG Shs. 281.3 billion compared to 180.3 billion in 91/92. Industrial production showed steady growth of 21.4 from 188.4 in Jul. 1992 to 228.8 in March 1993. Much of this growth was due to control of inflation and liberalization of trade and exchange regimes
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