Ramathan Ggoobi- Page 4

Gatekeepers of Uganda's Economy. Left-Right: Matia Kasaija, the Finance Minister; Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury and Dr. Michael Atingi-Ego the Deputy Governor, Bank of Uganda.

Moody’s Ratings downgrades Uganda’s ratings to B3 from B2; upgrades outlook to stable

Moody’s Ratings (Moody’s) one of the global leaders in credit ratings for companies, governments has downgraded the Government of Uganda’s long-term foreign-currency and local-currency issuer ratings to B3 from B2 and changed
Patrick Ayota, the NSSF Uganda Managing Director (left) and Dr. Michael Atingi-Ego the Bank of Uganda Deputy Governor, at the just-ended 2024 Absa Economic Outlook Forum. They both believe in an urgent need for pension reforms to allow for redirection of investments into the real sector.

Banks and pension funds feast on gov’t securities gravy train as businesses get more starved of credit and choked by high interest rates.

The government of Uganda’s continued uncontrolled borrowing from commercial banks via government securities and at anti-market rates to the detriment of the private sector dominated the greater part of the just-ended Absa
February 19, 2024
Left-Right: Ministry of Finance Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, Joel Aita of Joadah Consult, Lena Mirembe Pira of Africanbooks.com and Prof. Patrick Ogwang of Jena Herbals are the key speakers at this year’s Forum.

Business Trendsetters Forum 2023: Business Leaders To Mentor Youth In Innovation And Sustainable Business Trends

Youths, innovators and startups will at this year’s Business Trendsetters Forum be mentored by key experts in various sectors to inspire them through a series of thematic sessions focusing on agriculture, ICT,
August 22, 2023
Absa Bank Uganda Managing Director Mumba Kalifungwa with Ramathan Ggoobi at the 2023 Post Budget dialogue. Kalifungwa applauded the Finance Ministry and Central Bank for using the fiscal and monetary tools respectively in curbing inflation

Gov’t on move to redirect resources towards wealth creation, rapid expansion of the economy

Government will in the Financial Year 2023/24 redirect resources towards wealth creation by facilitating more Ugandans to join the money economy and accelerate the economy’s rapid expansion, the Finance Ministry Permanent Secretary/
June 19, 2023
Ramathan Ggoobi, the Permanent Secretary to the Finance Ministry and Secretary to the Treasury has assured the MPs that the share transfer is on course and shall be completed soon.

Ministry of Finance assures Parliament, the transfer Government’s 25% shares in Munyonyo Commonwealth Resort is almost complete

The Ministry of Finance, Planning and Economic Development (MoFPED) Permanent Secretary/ Secretary To The Treasury, Mr Ramathan Ggoobi has today written to Parliament, clarifying the status of the Government’s 25% shares held
November 11, 2021

 

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