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The EAC remained the top destination of Uganda’s exports, accounting for 37.6 percent of the total market share, followed by the Middle East and European Union.
The report also noted that yields on Treasury Bills edged upwards for the 91-day and 364-day tenors while the 182-day tenor registered a decline
Daily Monitor Monday May 24 2021 Workers work on a road in Arua town. The government has, over the years, maintained increased spending towards infrastructure development. FILE PHOTO Summary During the period ended April, according to the Ministry of Finance Performance of the Economy report, government spending rose to Shs2.897 trillion, which was 12.8 per cent higher than the planned Shs2.568 trillion. Advertisement Government spending surged during April, rising by an unprecedented 12.8 per cent, according to the Ministry of Finance. During the period ended April, according to the Minist...
Daily Monitor Wednesday April 21 2021 Summary During February, government borrowed Shs 901.21b from the domestic market through two T-Bill auctions and one T-Bond auction. At least Shs440.11b was raised from T-Bills while Shs461.11b came from T-bonds. Advertisement Interest rates for both shilling and dollar-denominated loans edged in February, according to data from the Ministry of Finance. This was contrary to a stable Central Bank Rate that the Central Bank has maintained at 7 per cent since December. Interest rates on shilling-denominated loans rose to an industry average of 19.9 per ...