The business community in Entebbe can thus look forward to growing opportunities across a broad range of business activities, and now has a partner in the name of Bank of Baroda, one the oldest and best established banks in Uganda, with which to do business.
When the real GDP growth rate rises, the demand and supply balance improves, generating upward pressure on prices and wiping out deflation. The question is how to raise the real GDP growth rate. There is a combination of forces that needs to be addressed: first, strengthening the economy’s growth potential; and second, providing support from the financial side.