This is the official Bank of Uganda Twitter account info@bou.or.ug
Oct 14, 2021 • 34 tweets • 10 min read
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
Jan 11, 2021 • 5 tweets • 1 min read
THREAD: Last week, the Bank of Uganda, on behalf of Government, held a bond switch auction. Here is what it means for investors in treasury bonds.
It means that on January 6, 2021, investors were given a chance to convert any bonds which are maturing on January 21, 2021 into other bond/s which will mature at a later point in time. It was optional and some primary dealer banks chose to participate.
Apr 6, 2020 • 29 tweets • 4 min read
Thread: Monetary Policy Statement for April 2020
Bank of Uganda (BoU) has in the April 2020 Monetary Policy Committee (MPC) meeting reduced the Central Bank Rate (CBR) by 1 percentage point to 8 percent.
The COVID-19 pandemic has led to a severe contraction in economic activity due to a combination of global supply chain disruptions, travel restrictions, measures to limit contact between persons, and the sudden decline in demand.
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