KAMPALA Jan 15 Uganda's tight monetary stance
to combat inflation has sharply slowed economic growth but
medium-term growth will reach its potential level of 6 percent
to 7 percent in the medium term, the International Monetary Fund
"This objective needs to be underpinned by a higher
contribution of private investment," the IMF said in a statement
late on Monday.
The Washington-based body also said the recent theft of
donor funds in east Africa's third biggest economy, which led to
some donors suspending aid, signalled the need for a more
radical fight against graft.