The Bank of Uganda is currently implementing an Agricultural Credit Facility set up by the Government of Uganda in partnership with Commercial Banks; Uganda Development Bank Ltd, Micro Deposit Taking Institutions and Credit Institutions. The facility is for the purpose of providing medium/long term loans to agricultural loans to agricultural sector.
The pulling back of private liquidity at times threatened the stability of major financial institutions and markets and severely disrupted normal channels of credit. In its role as liquidity provider of last resort, the Federal Reserve developed a number of programs to provide well-secured, mostly shortterm credit to the financial system.