Concluding remarks So far, I have reflected on the progress made in the two years since the introduction of QQE, and with this in mind, I also have discussed the developments in economic activity and prices and the Bank’s monetary policy. Lastly, I will conclude today’s speech by sharing my thoughts. In implementing economic policies, many things can happen, expected or unexpected.
The Bank of Uganda has maintained prudent monetary policy which has resulted in a lot of developments in the economy including ensuring price stability, a vibrant and sound banking system. Amongst other things, this has resulted into strong portfolio flows into this economy.