Monetary Policy Statement Archives

Bank of Uganda Governor, Michael Atingi-Ego and his deputy, Augustus Niwagaba have opted to hold the Central Bank Rate at 9.75% citing a resilient domestic economy and broadly contained inflation.

Bank of Uganda Holds CBR at 9.75% Amid Resilient Growth and Rising Inflationary Risks

The Bank of Uganda (BoU) has opted to hold its Central Bank Rate (CBR) steady at 9.75% in its May 2025 Monetary Policy statement, citing a resilient domestic economy and broadly contained

May 16, 2025

Banking & Financial Services·News & Analysis·The Big Story

Bank of Uganda governor Professor Emmanuel Tumusiime Mutebile. He notes that the Omicron variant that has injected renewed uncertainty to the global economic picture.

6.5% CBR meant to meet inflation target in the medium term – BoU

The Bank of Uganda (BoU) at the Monetary Policy Committee meeting of December 2021, maintained the Central Bank Rate (CBR) at 6.5%. The Central Bank says maintaining the CBR at 6.5% is

December 22, 2021

Banking & Financial Services·Business & Markets

Emmanuel Tumusiime Mutebile, Bank of Uganda Governor

BoU moves to boost the economy, reduces lending rate to 6.5%

Bank of Uganda (BoU) has reduced the Central Bank Rate (CBR) by 0.5 percentage point to 6.5 percent, the Monetary Policy Statement for June 2021 says. According to the Central Bank, the

June 16, 2021

The Big Story

Monetary Policy Statement

Bank of Uganda Holds CBR at 9.75% Amid Resilient Growth and Rising Inflationary Risks

6.5% CBR meant to meet inflation target in the medium term – BoU

BoU moves to boost the economy, reduces lending rate to 6.5%

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