Abstract
In mid-1981, Uganda introduced stabilisation and Structural Adjustment Policies (SAPs), which were quickly engulfed by political unrest and instability. In 1984, SAPs were abandoned due to the intensification of the civil war. In May 1987, the National Resistance Movement (NRM) government took the reign of power and began an economic recovery programme, aimed at restoring economic stability, establishing more realistic relative prices and rehabilitating Uganda’s productive and social infrastructure. Several policy measures have since been implemented, including price and market liberalisation.
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