FREE BOOKS

Author's List




PREV.   NEXT  
|<   2914   2915   2916   2917   2918   2919   2920   2921   2922   2923   2924   2925   2926   2927   2928   2929   2930   2931   2932   2933   2934   2935   2936   2937   2938  
2939   2940   2941   2942   2943   2944   2945   2946   2947   2948   2949   2950   2951   2952   2953   2954   2955   2956   2957   2958   2959   2960   2961   2962   2963   >>   >|  
7 million to over $35 million in 1999. The US Government is also a major revenue source for Tuvalu because of payments from a 1988 treaty on fisheries. In an effort to reduce its dependence on foreign aid, the government is pursuing public sector reforms, including privatization of some government functions and personnel cuts of up to 7%. Tuvalu derives around $1.5 million per year from the lease of its ".tv" Internet domain name. With merchandise exports only a fraction of merchandise imports, continued reliance must be placed on fishing and telecommunications license fees, remittances from overseas workers, official transfers, and income from overseas investments. Uganda Uganda has substantial natural resources, including fertile soils, regular rainfall, and sizable mineral deposits of copper and cobalt. Agriculture is the most important sector of the economy, employing over 80% of the work force. Coffee accounts for the bulk of export revenues. Since 1986, the government - with the support of foreign countries and international agencies - has acted to rehabilitate and stabilize the economy by undertaking currency reform, raising producer prices on export crops, increasing prices of petroleum products, and improving civil service wages. The policy changes are especially aimed at dampening inflation and boosting production and export earnings. During 1990-2001, the economy turned in a solid performance based on continued investment in the rehabilitation of infrastructure, improved incentives for production and exports, reduced inflation, gradually improved domestic security, and the return of exiled Indian-Ugandan entrepreneurs. In 2000, Uganda qualified for enhanced Highly Indebted Poor Countries (HIPC) debt relief worth $1.3 billion and Paris Club debt relief worth $145 million. These amounts combined with the original HIPC debt relief added up to about $2 billion. Growth for 2001-02 was solid despite continued decline in the price of coffee, Uganda's principal export. Growth in 2003-06 reflected an upturn in Uganda's export markets. Ukraine After Russia, the Ukrainian republic was far and away the most important economic component of the former Soviet Union, producing about four times the output of the next-ranking republic. Its fertile black soil generated more than one-fourth of Soviet agricultural output, and its farms provided sub
PREV.   NEXT  
|<   2914   2915   2916   2917   2918   2919   2920   2921   2922   2923   2924   2925   2926   2927   2928   2929   2930   2931   2932   2933   2934   2935   2936   2937   2938  
2939   2940   2941   2942   2943   2944   2945   2946   2947   2948   2949   2950   2951   2952   2953   2954   2955   2956   2957   2958   2959   2960   2961   2962   2963   >>   >|  



Top keywords:

Uganda

 

export

 

million

 
relief
 

economy

 

government

 

continued

 
Tuvalu
 

Growth

 

billion


republic

 
merchandise
 

exports

 

fertile

 
prices
 
production
 

inflation

 

improved

 
important
 

overseas


foreign

 

sector

 

output

 

including

 

Soviet

 

exiled

 
Indian
 
Ugandan
 

return

 
ranking

gradually
 

domestic

 

security

 

entrepreneurs

 

enhanced

 

Highly

 

qualified

 

reduced

 
turned
 
During

earnings

 

generated

 

performance

 

dampening

 
incentives
 
Indebted
 

infrastructure

 

investment

 

rehabilitation

 

boosting