Digital Transactions Can Save UGX 179b in Printing Money Annually – BOU

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Government is looking to save at least US$48 million (UGX178.5 billion) or even half used to print money every year by encouraging Ugandans to use digital platforms instead of cash in their transactions.Dr Adam Mugume, the acting Deputy governor at Bank of Uganda said on Wednesday that the country was spending a lot to print money notes but the Central Bank hopes this can be cut by at least half i