Find visitors' favorite businesstravel Hotels And.... Book your best!

ad. Buy Grade A Premium Uganda Vanilla Beans NOW Available for Export  

Central Bank of Uganda to target core inflation at 5%

Bank of Uganda

Bank of Uganda

The central bank of Uganda could reduce the amount of money in circulation if by June the inflation situation in the country persists

According to the supervision department of the bank of Uganda , the move is to address inflation that is caused by factors within the country

At the moment the headline inflation that concerns food and energy is standing at 11.1% because of factors outside the control of Uganda like the middle East crisis, other importing countries like India and china which are facing the same crisis.

However, the kind of inflation that the bank of Uganda is looking at reducing is that which is caused by domestic factors within Uganda which if controlled could in turn control the hike in prices of goods and services.

The move by central bank to take control of the economy comes in the wake of government’s demand for a supplementary budget of over 150 billion shillings, an aspect that international monetary fund says may hamper the central’ bank’s effort to reducing the core inflation that stands at 7.8%.

Bank of Uganda has now launched a quarterly survey to be able to get to the real causes of factors that hamper businesses and increase cost of operation which in turn hike the cost of living.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Africa Uganda Business Travel News .

Haven't yet found what you Want...?

If you haven't yet found what you were looking for or you need detailed information about the subject matter on this page


feel free to ask our business travel consultants.

Book a Prisons & Correctional
Charity Tour

Farmland for Sale
Prime Commercial Property
Entebbe Rd Land 4 Sale
Over 20 Farmland Parcels
Property & Plots of Land

Uganda Online SuperMarket
Online SuperMarket

Uganda Coffee Safari
Book My Coffee Tour

Uganda Honey
Uganda HoneyComb

Subscribe to our Business Travel Newsletter

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Africa Uganda Business Travel News Digest.

Hotel Booking

Car RentalCar Hire

Africa Uganda Shipping & Handling ServicesShipping & Handling Services

Our Sponsorship Policy

Apple Guavas available
Africa Uganda Plants GuideAfrica Plants Guide

Charity Investment Guide
Changing Lives

Africa Uganda SMS Guide
Africa Bulk SMS

Poultry Investment Guide
Poultry Business Guide

Related Pages

Uganda Hotels Directory

Uganda Hotels Booking Guide

Houses U can buy Uganda Real Estate Guide Industrial/Farmland Deals

Uganda Real Estates Guide

The Mountain Gorilla

Uganda Safari Guide

Uganda Weather Today

Book My Hotel

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.


Uganda Currency