MPs Want New Bill to Trim Powers of Bank of Uganda Governor

The powers of the Bank of Uganda (BoU) Governor are set to be clipped if Parliament passes a private Member's Bill that seeks to amend the Constitution as a way of streamlining the management of the Central Bank. MPs want Article 161 of the 1995 Constitution amended by providing that the governor shall not double as the chairperson of the BoU board, among other things.

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