Minister of Finance, Planning and Economic Development The Board of Directors, Tropical Bank Limited The Managing Director and Senior Management of Tropical Bank Limited Invited Guests in your respective capacities Ladies and Gentlemen I wish to first and foremost, welcome and thank His Excellency the President of the Republic of Uganda, President Yoweri Kaguta Museveni for taking time off your busy schedule to come and join us at this auspicious occasion when Tropical Bank Limited is celebrating forty (40) years of successful operations in Uganda and also launching its new corporate identity.
At the FOMC’s recent July meeting, I was of the view, as were most participants, that if the economy evolved broadly as anticipated, it could be appropriate to start reducing the pace of asset purchases this year. The intervening month has brought more progress in the form of a strong employment report for July, but also the further spread of the Delta variant.