Uganda’s economy faces a squeeze from higher rates and rising costs

The Independent Uganda: ·
Uganda

The Bank of Uganda cut its growth forecast for the 2026/27 financial year to between 6% and 6.5%, from an earlier projection of 7% to 7.5%   Kampala, Uganda | AGENCIES | Uganda’s central bank has raised its benchmark interest rate to 12% for the first time in two years, tightening monetary policy as … The post Uganda’s economy faces a squeeze from higher rates and rising costs appeared first on…

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