Michael atingi-ego

The Bank of Uganda has taken a significant step by lowering the Central Bank Rate (CBR), signaling its intent to stimulate economic activity. Deputy Governor Michael Atingi-Ego offered insights into this development. He attributed the…

Bank of Uganda (BOU) has reported that the economy is estimated to have grown by between 6.5 and 7 percent in 2021, compared to a 1.5 percent contraction in 2020, when the COVID-19 pandemic forced most parts of the economy to shut down.…