FinanceThe Big Story

Finance Ministry backs off UGX481 billion questionable BoU recapitalization

by Thembo Kahungu Misairi
Bank of Uganda Deputy governor Dr. Michael Atingi-Ego maintains the Central Bank's capital base is not impaired

When the Ministry of Finance tabled the Budget Framework Paper (BFP) for the Financial Year 2021/2022, there was one item that raised alarms with most of the Members of Parliament…

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