Uganda’s central bank cuts rate to boost fragile growth as virus risesCentral Bank Newson 17 June 2021 at 14:27 on 17 June 2021 at 14:27 on 17 June 2021 at 14:27 AFRICAN MARKETS: Business News

Uganda’s central bank cut its benchmark interest rate for the fourth time in the current monetary easing cycle, saying the economic recovery still requires monetary policy support and inflation will likely remain below the target in the near term with little space for fiscal policy to respond to “fragile economic growth.”

Uganda’s central bank cut its benchmark interest rate for the fourth time in the current monetary easing cycle, saying the economic recovery still requires monetary policy support and inflation will likely remain below the target in the near term with little space for fiscal policy to respond to “fragile economic growth.”Read More

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