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Central Bank maintains policy rate at 9.5%
Deputy Bank of Uganda governor Michael Atingi-Ego said the easing inflationary pressures in the economy reflects “the continuing vanishing effects of supply-side shocks, declining inflation around the world and tight monetary and fiscal policies.”
The Deputy Governor Bank of Uganda, Michael Atingi-Ego, delivering the monetary policy statement. (Photo by Mpalanyi Ssentongo)
By: NewVision Reporter, Journalist @NewVision
The Bank of Uganda has Tuesday maintained its policy rate at 9.5%, citing subdued inflationary pressures in the economy.
Deputy Bank of Uganda governor Michael Atingi-Ego said the easing