The Monetary Policy Committee (MPC) of the Bank of Uganda (BoU) voted to maintain the Central Bank Rate (CBR) at 9.75%. The decision reflects a cautious yet growth-supportive monetary policy …
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The Bank of Uganda’s Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 9.75% due to an improved inflation outlook. Inflation remains subdued, in …
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What Is Needed to Achieve Full Monetisation of Uganda’s Economy?
Following the recent National Budget Conference, which set an ambitious USD 500 billion economy goal by 2040, Uganda is gearing up to fully monetize its economy. With a focus on …
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Uganda’s Tenfold Growth Ambition: Can the FY 2025/26 Economic Strategy Deliver a USD 500 Billion GDP by 2040?
Government has laid out a strategy for the financial year 2025/2026 under the theme, “Full Monetization of Uganda’s Economy through Commercial Agriculture, Industrialization, Expanding and Broadening Services, Digital Transformation and …
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In the financial year 2022/23, the government provided tax exemptions amounting to a significant Sh. 2.97 trillion, according to a report by the Ministry of Finance. This substantial figure represents …