Gov’t Will Minimise Borrowing to Increase Banks’ Appetite to Lend to Locals

UGANDA, Kampala | Real Muloodi News | During his latest national address, President Museveni announced that the Ugandan government intends to reduce domestic borrowing in an effort to drive-down interest rates and increase banks’ appetite to lend to the public. Museveni stated that the administration has assessed the situation, and realised that one of the reasons … Continue reading Gov’t Will Minimise Borrowing to Increase Banks’ Appetite to Lend to Locals