Ugandans' demand for bank loans grows despite increase in interest rates
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Institute expenditure reforms -IMF tells govt Monday May 31 2021 Advertisement Government must institute administrative reforms and cut back on non-priority expenditure to reduce pressure on resource mobilisation amid a dip in economic performance resulting from Covid-19, according to the International Monetary Fund (IMF). Speaking during a virtual presentation of the 2021 sub-Saharan Africa Economic Outlook, Ms Izabela Karpowicz, the IMF resident representative, said Uganda needs to institute administration reforms that will emphasise reduction in expenditures compared to “normal” time...