Central bank doesn’t need UGX480b

The Deputy Governor Bank of Uganda Dr Michael Atingi -Ego has disowned the 481 billion that the ministry of Finance had

Central bank doesn’t need UGX480b
suggested in the Budget Framework Paper as money for the recapitalization of the Central Bank. According to Dr Atingi - Ego, the Central Bank is afloat and made a 40 billion profit and therefore does not require any capitalisation.

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