I will discuss each of the three areas briefly. The first component is to improve the traditional, firm-based approach to capital regulation. This work is mostly related to standards developed in cooperation with other supervisors in the Basel Committee on Banking Supervision, but there is also a Dodd-Frank element.
In contrast, in Uganda the Government’s recently announced Buy Uganda Build Uganda trade policy proposal has received very little analysis and evaluation in the media. Readers and viewers looking for information and advice on what this proposal might mean for the Ugandan economy will have been disappointed.