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Tag Archives: lending

BoU maintains lending rate at 10 percent

The Bank of Uganda has maintained the benchmark central bank rate at 10 percent. Kampala, Uganda | THE INDEPENDENT | Governor BoU Emmanuel Tumusiime Mutebile says that the 12-month inflation forecast has improved slightly relative to October 2018 forecast. The Consumer Price Index data by Uganda Bureau of Standards indicates that …

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US slams World Bank lending to rich countries like China

Washington, United States | AFP | World Bank lending to countries like China that are rich enough to finance their own development hurts poor countries that need help, a senior US Treasury official said Wednesday. David Malpass, Treasury’s under secretary for International Affairs, cited China as a prime example of the …

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