Uganda: Election-Related Fears Contribute 10 Per Cent Fall in Shilling

The increase in the price of goods and services, otherwise known as headline inflation, has shot above the central bank target of five per cent to 7.2 per cent, sending worries that the situation could get worse. DR ADAM MUGUME, the executive director of Research at Bank of Uganda, explained to JEFF MBANGA why the situation should not send any shockwaves within the system.

Headline inflation has shot up to 7.3 per cent from 4.8 per cent. Why does the central bank need the public to understand the facts behind this figure?

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.