• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home Business

No Need For Bail-Out, Says Central Bank Governor

Reporter by Reporter
August 8, 2016
in Business, News
0
Mutebile praises BOU performance
13
VIEWS
Share on FacebookShare on Twitter

The Central Bank governor Emmanuel Tumusiime Mutebile has spoken out on the cries for private companies seeking a 1.3trillion shilling bail-out from government.

Addressing a news conference this afternoon, Mutebile said the country does not have such monies for bail-out, adding that the bank has received no such proposal yet.

Related articles

Gov’t pinned on lacking public facilities for PWDs

Medical doctor remanded for defiling 17-year-old daughter

Meanwhile, the Central Bank Rate has been reduced from 15% to 14%.

Central Bank Governor Tumusiime Mutebile
Central Bank Governor Tumusiime Mutebile

The governor bank of Uganda Emmanuel Tumusiime Mutebile says the continued monitoring of the economy through strong     monitory policy will help to support the recovery of the private sector.

He is optimistic that commercial banks will consider the reduction and reduce the interest rates to enable their customers to access loans at a lower cost.

The governor adds that the economy is projected to grow at about 5.5% up from the earlier projection of 4.6%.

Story By Moses Ndhaye

 

Reporter

Reporter

Related Posts

App for special grant program for PWDs in offing

Gov’t pinned on lacking public facilities for PWDs

by Noelyn Nassuuna
June 29, 2022
0

By Benjamin Jumbe The National Union of Disabled Persons of Uganda has decried the government's failure to implement some of the standard requirements for the empowerment...

Kenyan students arrested for torching dorm over Man U, Liverpool game

Medical doctor remanded for defiling 17-year-old daughter

by Noelyn Nassuuna
June 29, 2022
0

By MILTON BANDIHO  The chief magistrate’s court in Bushenyi District has remanded a 47-year old man to Nyamushekyera government Prison for allegedly defiling and impregnating his 17-year old...

Teachers ask government to speed up covid vaccination

Opposition advises gov’t on how to raise funds for teachers

by Noelyn Nassuuna
June 29, 2022
0

By Prossy Kisakye The opposition in parliament has advised the government to look keenly into the 2022/23 national Budget and reduce unnecessary spending to get funds...

UTB to train over 900 tour guides

UTB to train over 900 tour guides

by Noelyn Nassuuna
June 29, 2022
0

By Moses Ndhaye Government is set to train about 985 tourism guides to back -up the country’s effort to make Uganda the tourism destination country in...

Nurses union asks members to continue working

Study reveals mental health burden among health workers

by Noelyn Nassuuna
June 29, 2022
0

  By Ritah Kemigisa A study by the Aga Khan University has shown that one in every four healthcare professionals exhibits signs of depression. Conducted across...

Next Post
Mrs Janet Museveni

Another Meeting With 1st Lady Hits A Deadlock

FDC’s Dr Besigye Returns To Court Today

Besigye Case Pushed To September 26th

Swansea’s Andre Ayew signs for West Ham on a three-year deal for a club record fee of £20.5million

Swansea's Andre Ayew signs for West Ham on a three-year deal for a club record fee of £20.5million

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
App for special grant program for PWDs in offing

Gov’t pinned on lacking public facilities for PWDs

June 29, 2022
Kenyan students arrested for torching dorm over Man U, Liverpool game

Medical doctor remanded for defiling 17-year-old daughter

June 29, 2022
Teachers ask government to speed up covid vaccination

Opposition advises gov’t on how to raise funds for teachers

June 29, 2022
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.