Speaker, Rebecca Kadaga asks Finance Minister to explain why it is taking long to appoint Kasekende’s replacement at BoU Pressure mounts on government from MPs, World Bank and IMF to implement governance reforms at the Central Bank so as to avoid a repeat of the several mistakes at BoU as identified in the parliamentary probe of Bank of Uganda. Meanwhile the fate remains unknown, one month after he left the central Bank’s second highest office.

The Speaker of Parliament Rt. Hon Rebecca Kadaga has summoned the minister of Finance Matia Kasaijja to appear before Parliament, next week on Thursday to update parliament on when a new Deputy Governor, Bank of Uganda will be appointed. Speaking in today’s plenary seating Kadaga reportedly was concerned that since the Deputy Governor’s contract expired on January 14th 2020, there has been no replacement leaving only the Governor, Prof Emmanuel Tumusiime Mutebile to take on all the responsibilities of the governor. “I am concerned about this crisis, therefore I hereby order the Minister of Finance Matia Kasaija to appear before…

by CEO Reporter

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