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The Bank of Uganda (BoU), at the Monetary Policy Committee (MPC) meeting of October 2021, has decided to maintain the Central Bank Rate (CBR) at 6.5 percent. #BoUCBR 
The second wave of the Covid-19 pandemic interrupted the recovery of the economy and real GDP growth momentum is expected to have declined in the Sept 2021 quarter as a result of the COVID-related restrictions, 1/2
2/2...although by less than the first national lockdown in the 2nd quarter of 2020. With the ebbing of the second wave, a phased relaxation of the pandemic-related restrictions, and improving vaccine coverage, economic activity is gradually normalising.
Bank of Uganda has in the June 2019 Monetary Policy Committee (MPC) meeting decided to maintain the Central Bank Rate at 10 percent. #BoUCBR
The inflation outlook over the 12 months horizon was largely unchanged compared to April 2019 forecast round, although risks remain elevated. #BoUCBR
Preliminary estimates by Uganda Bureau of Statistics (UBOS) indicate the economy expanded by 6.1 percent in financial year 2018/19, partly as a result of strong growth in household consumption.
