Accordingly, as for the conduct of monetary policy, the Bank judged it appropriate to persistently continue with the current powerful monetary easing, thereby maintaining the output gap as long as possible within positive territory, in order to make the momentum sustainable. During the discussion, we thought it necessary to address two challenges.
Our company valuations are therefore unlikely to be adversely affected. Uganda’s economy resilience also stems from improved economic policies and institutional frameworks built over the last two decades. The banking and the entire financial system are stronger after years of restructuring.