Ugandan delegation in Washington for IMF-World Bank Spring Meetings

Washington, D.C. — Uganda’s Minister of State for Finance in charge of General Duties, Henry Musasizi, is leading a delegation from the Ministry of Finance to the 2026 Spring Meetings of the International Monetary Fund and the World Bank, taking place in Washington, D.C. from April 13 to 18, 2026.

The high-level global gathering has convened policymakers, government leaders, private sector representatives, and development partners to assess the state of the global economy. Discussions are centered on financial stability, growth prospects, development priorities, and poverty reduction under the theme “Building Prosperity through Policy.”

Ahead of the meetings, Uganda’s Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, outlined the country’s key priorities. He noted that Uganda will focus on advancing negotiations for a new Extended Credit Facility (ECF) programme with the IMF, while also seeking additional concessional financing from the World Bank to support transformative projects and budget financing through Development Policy Operations.

The Ugandan delegation also includes Attorney General Kiryowa Kiwanuka and Bank of Uganda Governor Michael Atingi-Ego.

While in Washington, the delegation is expected to participate in the second U.S.–Uganda Business and Investment Forum and hold meetings with officials from the U.S. administration, as well as the World Bank’s Vice President for the Africa region. Engagements are also planned with the IMF Africa Department Director, Abebe Selassie, and participation in the Coalition of Finance Ministers on Climate Action.

At the Spring Meetings, global leaders are exploring how policy reforms, investment strategies, and innovation can drive job creation and unlock private sector growth. Emphasis is being placed on delivering tangible results across critical sectors such as energy, water, agriculture, health, and digital development.

Leaders are also seeking consensus on practical policy approaches to stimulate employment, attract and sustain private investment, and expand economic opportunities.

Meanwhile, the latest Africa Economic Update released by the World Bank in April 2026 indicates that Sub-Saharan Africa’s recovery from successive global shocks is slowing, with growth projections for 2026 revised downward. The report attributes the subdued outlook to geopolitical tensions, including the conflict in the Middle East, rising debt service burdens, and persistent structural challenges.

To address these constraints, the report recommends a pragmatic, ecosystem-based approach that aligns policy tools with country-specific capabilities to drive productivity and support long-term structural transformation.