The CBR of 10% remains sufficient to contain domestic demand pressures while supporting economic recovery.
Economic growth is projected at 5.5 to 6%
#BOUCBR The New Vision NBS Daily Monitor Bank of Uganda
The UBOS Uganda Bureau of Statistics indicated that the annual headline and core inflation dropped to 9% & 7.6 in March 2023 from 9.2 and 7.8% in February 2023, respectively.
The #BOUCBR of 10% will sustain reduction of inflation Amy Adams Daily Monitor NBS Television NTV UGANDA Bank of Uganda
Following the April 2019 Monetary Policy Committee(MPC) meeting, Bank of Uganda has maintained the Central Bank Rate(CBR) at 10 percent.
#BoUCBR #GCICUganda
Bank of Uganda On 6 December 2023, the Monetary Policy Committee (MPC) maintained the Central Bank Rate (CBR) at 9.5%.
Bank of Uganda
Ministry of Finance Mpologoma Victor Gracious Hines
#BoUCBR
While the economy retains resilience, recent high frequency indicators suggest a slight downtown in near term growth - Michael Atingi (BOU Governor) Bank of Uganda Ramathan Ggoobi Uganda Revenue Authority #BoUCBR
Short term projections indicate inflation may rise to between 5.5% to 6% within 13 months ahead with a return to medium term target of 5% anticipated in the second half of 2025 - Michael Atingi (BOU Governor) Bank of Uganda Ramathan Ggoobi Uganda Revenue Authority #BoUCBR
The evolution of inflation remains challenging influenced by factors as shilling exchange rate, supply side checks, global inflation & domestic food supply - Michael Atingi ( Governor BOU) Bank of Uganda Ministry of Finance Ramathan Ggoobi #BoUCBR