For Uganda’s case, the Bank of Uganda has put in place a comprehensive and well-designed risk-based analytical apparatus for early detection of changes and vulnerabilities that could develop into a serious systemic crisis.
An intensifying slowdown This background matters as we contemplate the accumulating evidence of a further growth slowdown, both in the world economy and domestically. In China, there are new fears of worsening growth. Of course, we have known for some time that China had to slow from double-digit growth rates.