Borrowing Slows Down Due to Increased Interest Rates

UGANDA, Kampala | Real Muloodi News | According to the Deputy Governor of the Bank of Uganda (BoU), Martin Atingi-Ego, borrowing in the private sector is moving at a snail’s pace due to the fourth consecutive increase in the Central Bank Rate (CBR) since June 2022. Following the October Monetary Policy Meeting which saw the … Continue reading Borrowing Slows Down Due to Increased Interest Rates