We have our National Disaster Recovery facility which we reactivated recently in light of the recent floods, and the Import and Export Substitution Facility. The Housing Facility was introduced to help address the housing affordability issue. Funds for the initial $ million Housing Facility for low income households was channeled through the Housing Authority (HA).
The Governor’s decision to resolve Uganda Commercial Bank by selling it to a reputable international bank, in the teeth of widespread scepticism and in some cases outright opposition, proved to be one of the most prescient ever taken in the history of banking in this country.