The deliberate process of issuing proposals and hearing public comment on each proposal provides multiple safeguards, helping the agencies move to the final adoption of the new framework in the United States only when doing so is clearly appropriate.
It is no surprise, therefore, that Mr Kibirango has played a leading role in setting up the Bank of Uganda Retired Staff Association. The concept of having an association for Bank of Uganda retired staff comes at a time when Uganda has decided to open-up the pension sector to new entrants; a move expected to strengthen savings mobilization and provide competition to the NSSF.