School children knocked dead in Nansana

557 views · Published 3 October 2018 · 2:35 · Indexed 10 November 2026

Channel: NTVUganda · 2018 · News & Politics

Watch on YouTube

Bank of Uganda says inflation will surpass the 5% target over the next 12 months, one among the reasons it has raised the Central Bank Rate to 10% up from 9%.

Governor Tumusiime Mutebile, cites the rapid rise in Oil prices, a weaker Shilling exchange rate and Indirect taxes as partly responsible for the spike in inflation that is now at 3.9%.

The Central Bank is defending it's latest Monetary stance, to the effect that it should keep inflation close to target and support sustained Economic growth.

#NTVNews 

Subscribe to Our Channel
For more news visit http://www.ntv.co.ug
Follow us on Twitter http://www.twitter.com/ntvuganda
Like our Facebook page http://www.facebook.com/NTVUganda

More from this channel