Uganda: Bou Must Continue to Support Recovery - IMF

Bank of Uganda will need to maintain an accommodative monetary to help the economy recover from headwinds resulting from Covid-19, according to the International Monetary Fund (IMF).

Speaking on the side line of the Spring Meetings of the World Bank and the IMF, Dr Tobias Adrian, the IMF financial counsellor and director monetary and capital markets department, said recovery from Covid-19 disruptions is going to be slower, which could put financial stability at risk.

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