Tag Archives: BoU eases central bank rate to 12%

By Julius Businge The central bank of Uganda has marginally reduced the central bank rate to 12% in December down from 12.5% in November, in a bid to boost economic growth. The country’s economy grew at 3.2% in the year 2010/2011 down from 6.7% in 2009/2010, partly because of the …

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