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Economy
BoU keeps policy rate steady on low inflation and robust growth
The central bank maintained its policy rate at the same level as February 2018, saying its line with its goals of supporting economic growth and keeping inflation within target levels
April 9, 2018
Economy
Bank of Uganda cuts key rate on private sector credit growth concerns
Bank of Uganda found more room to cut its benchmark rate on concerns about sluggish private sector credit growth and the cost of loans
February 13, 2018
Economy
Central Bank maintains policy rate while admitting easing cycle has had little effect on loan prices
Bank of Uganda has maintained its lowest ever policy rate, citing a projected rise in core inflation, uneven economic growth, and stickily high prices of credit
December 18, 2017
Economy
Uganda’s central bank cuts benchmark rate to 9.5%
Bank of Uganda said on Tuesday that economic activity is picking up and stressed the importance of private sector credit growth as it announced a cut in its policy rate to its lowest level ever
October 3, 2017
Economy
Bank of Uganda puts brakes on monetary easing as economy improves
Before Friday's decision, the Bank of Uganda had reduced its policy lending rate in each of its past eight meetings going back to April 2016
August 11, 2017
Economy
BoU cuts policy lending rate further to support economic recovery
The central bank's decision to cut its policy lending rate was influenced by the slowdown in economic growth
June 19, 2017
Companies
Firms faced stricter lending standards in first three months of 2017
Banks applied stricter standards on loans to enterprises in the first three months of 2017 compared to the last quarter of 2016, a Bank of Uganda survey found.
April 10, 2017
Economy
Banks reduce rates on loans, but will they lend?
Several banks have announced their intention to lower prime lending rates since Monday, in response to Bank of Uganda's latest policy rate trimming.
February 21, 2017
Economy
Bank of Uganda cuts policy rate by 0.5%
Bank of Uganda on Wednesday lowered the central bank rate by 0.5% to 11.5% from the 12% set in December.
February 15, 2017
Economy
Uganda economy to grow 5% in 2017 – Stanbic Bank
After growing at an average rate of 7.8% in 1990-2010, the expansion of Uganda's economy slowed to 4.5% in the five years to 2016. The prevailing consensus among economists is that growth this year will hew to the rate of the last few years.
February 14, 2017
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