2016: A year of declining CBR, uncertain oil prices.
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Date
2016-12-28
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Daily Monitor
Abstract
The sustained easing of monetary policy by the Central Bank over the past five months has seen lending rates coming down by 2.4 percentage points in Uganda's credit market.
With the interest of revamping economic growth as well as lift the aggregate demand in the economy; Bank of Uganda (BoU) has been easing monetary policy since April 2016 by one percentage point.
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Newspaper article
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Citation
Oketch, M. L. (2016). 2016: A year of declining CBR, uncertain oil prices. Daily Monitor.