Economic recovery in Uganda

Patricia Ojangole, Uganda Development Bank Managing Director. She reveals the Bank’s lending rate has significantly reduced, from highs of 21% to the current range of 10 - 12%.

ACCELERATING ECONOMIC RECOVERY: UDB approves UGX402B, disburses UGX 257B and on track to deploy targeted UGX612B in 2022

In the Q&A below, UDB Managing Director Patricia Ojangole explains in detail what the Year-to-Date figures mean. QN: The economy is currently undergoing a slowdown partly due to the ripple effects of
June 17, 2022

 

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