The latest World Economic Outlook (WEO) released by the International Monetary Fund (IMF) projects that the global economic growth rate will increase, registering 3.1 percent in 2016, 3.5 percent in 2017, and 3.6 percent in 2018 (Chart 2).
Furthermore, in order to enhance the above-mentioned PD reforms, Bank of Uganda has embarked on a process of acquiring a state of art Central Securities Depository system, which will provide among other functionalities, e-bidding in primary auctions, automated repo auctions, and secondary market trading at the primary dealer level.