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The two developments, which somewhat eased the pressure on the deteriorating terms of trade, increased personal remittances, and foreign direct investment inflows to the oil sector
Download logoThe government is to pay Shs2.5 trillion to the Bank of Uganda (BoU) in matured securities after its repayment was disrupted by the advent of
Uganda has been receiving IMF loans since 2020 due to prolonged economic shocks triggered by the Covid-19 pandemic and associated lockdown measures.
Uganda's central bank said Wednesday that the country has experienced portfolio outflow from government securities as a result of the increased interest rates in advanced economies. Michael Atingi-Ego, deputy governor of the Bank of Uganda (BOU), said the country has had an impact resulting from the tightening of monetary policies…
Bank of Uganda says it will need stakeholders to cleanse the mobile money sector of emerging anti-competitive practices.