Uganda FOREIGN TRADE AND ASSISTANCE
Sources: The Library of Congress Country Studies; CIA World Factbook
In order to rebuild the economy in the late 1980s, Uganda needed foreign goods, technology, and services, but its chronic shortage of foreign currency and uncertain political climate weakened the nation's standing as a trading partner. The government sought to strengthen Uganda's standing in the world economy, but to meet short-term needs officials turned to foreign donors. Acquiring foreign assistance through direct aid, loans, or grants became an important focus of the government's economic efforts. The nation's balance of trade and payments reflected the fluctuating world value of Uganda's major export, coffee, even though the volume of coffee exports remained almost constant through 1986 and declined only slightly after that. The government encouraged export diversification, and these two important goals--restoring international confidence and reducing the nation's dependence on a single export--dominated external economic planning in the late 1980s.
Data as of December 1990
NOTE: The information regarding Uganda on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Uganda FOREIGN TRADE AND ASSISTANCE information contained here. All suggestions for corrections of any errors about Uganda FOREIGN TRADE AND ASSISTANCE should be addressed to the Library of Congress and the CIA.