By The Independent Team ‘A strong position has to be taken on corruption and efficiency of local government in the delivery of services’ According to the International Monetary Fund (IMF) Uganda`s real economic growth is projected at6.0 percent in 2010, higher than that of many other comparable countries. The projection …
Read More »BoU blames off-shore investor flight for economic troubles
By Patrick Kagenda A 73% decline in the value of off-shore investments has forced Bank of Uganda to rethink its policies. BoU Deputy Director of Research, Charles A. Abuka, told a workshop organized for forex bureau operators that the bank was reviewing its fiscal policy programs to fit in with …
Read More »Uganda needs decisive economic policies to survive global recession
By Geoffrey Onegi-Obel Last week Dr Onegi-Obel described the limitation of the government’s `resource envelop’ budget driven response to the global economic slowdown including its impact on Uganda’s job creation, domestic savings and domestic direct investment. In this last of a two part series, he discusses possible solutions including a …
Read More »Decisive economic policies needed to avoid recession
By Geoffrey Onegi-Obel Limitations of the government’s `resource envelop’ budget driven response to the global economic slowdown including its impact on Uganda’s job creation, domestic savings and domestic direct investment We are already being dragged down by the world wide economic recession. How Uganda comes out of it is a …
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