Louis Kasekende

Economic integration prerequisite for E. African Monetary Union to work – BoU’s Louis Kasekende

Monetary unions potentially offer important benefits to economies which are closely integrated, but the problems experienced by some of the monetary unions already in existence around the world indicate that they also entail serious risks.

The deputy central bank governor on the state’s role in agricultural financing

Government used public sector banks, the Uganda Commercial Bank and the Cooperative Bank to provide loans to farmers at subsidized interest rates – which were often highly negative in real terms. Some of these lending schemes were financed from the Central bank.

Economic integration prerequisite for E. African Monetary Union to work – BoU’s Louis Kasekende

The deputy central bank governor on the state’s role in agricultural financing

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