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Uganda government moves to recapitalize Central Bank with UGX217b

KAMPALA: The Ministry of Finance has appealed to Parliament’s Finance Committee to approve Shs217.330bn for the recapitalization of Bank of Uganda in 2023/2024 national budget. However, no single penny has been availed for this item, with Jennifer Muhuruzi, Acting Director Treasury Services and Asset Management at Ministry of Finance, calling on MPs to support the […]