Uganda: BoU Sees Good Results With New Policies

20 September 2011

Volatile prices in the economy makes it hard for the government to plan well and it also makes it hard for the private sector to carry out meaningful investments because their ability to plan and expand their enterprises gets disrupted.

The new Central Bank policies have begun to yield results. Money in circulation has dropped by 4.1 per cent three months after tightening of policies to mop up excess liquidity in circulation.

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