Moreover, a commitment to best practices would reassure the target countries and could help to prevent protectionist tendencies. The dialogue between investing and receiving countries should definitely be intensified. The formulation of and adherence to best practices in that area seems to be a promising route to follow, possibly with the involvement of the IMF and the OECD.
I am confident that this Public Private Partnership approach that we have adopted for developing our financial markets will bear fruit. The 5-Year Financial Markets Development Plan brings in a well coordinated approach towards developing the financial markets in Uganda. This is devoid of the fragmented approaches of the past.