UGANDA- Bank interest rates may have to raise to fight inflation, says experts

0 142

The bank of Uganda may gradually embark on monetary policy tightening to tame swelling inflation pressures in the economy.

Monetary policies are set by the BOU with a future projection of inflation and having economic growth in mind.

Uganda’s inflation is now running at 3.2%, the highest recorded by the Uganda Bureau of Statistics since June 2020.

Leave A Reply

Your email address will not be published.

%d bloggers like this: