Uganda-FOREIGN TRADE AND ASSISTANCE

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