Uganda ranks very poorly in several important facets of the business environment including getting the relevant permits to start a business, the lack of reliable power supplies, registering property, dealing with construction permits and trading across borders.
Across inflation-targeting central banks around the world, inflation of about 2 percent per annum is generally viewed as an appropriate medium-term goal. Although headline CPI inflation is expected to remain low in the near term, lowering interest rates now would do little to change these outturns. Monetary policy operates with long and variable lags.