UGANDA 2017/188 Jan 2017 18:18
MONEY ALLOCATED FOR all allowances IN THE 2017/18 BUDGET
Experts think a reduction in the Central Bank Rate by the Central Bank to 12% from its high level of 17% will be a big factor in shaping up the economy in the New Year
Experts’ views
“We must make irrigation and fertiliser accessible to the majority of farmers. Of course continued peace and security is a prerequisite for all economic prosperity,”
Dr Ezra Suruma, economist and Presidential Adviser on Finance
“I am still optimistic that Uganda’s economy will grow in 2017 despite the absence of rain which supports our agriculture,”
Dr Maggie Kigozi, President, Business and Professional Women Kampala
“The new year should start with commitment from government and the private sector to usher this economy into middle income status by 2020,”
Mr Gideon Badagawa, the executive director Private Sector Foundation Uganda.