Money Supply Update - Uganda (August)

UgandaWatch: Uganda’s September CPI is 4.6%/yr, up from 4.1%/yr in August. Broad money supply slightly rose by 18.8%/yr in #August from 16.1%/yr in June. M3 broad money growth is still well above Okware’s Optimal Growth Rate (OGR) of 11.4%/yr +/-2 is consistent with BOU 5%/yr medium target.

The impact of the coronavirus pandemic in Uganda, exploring the central bank's response and the effects of changes in the money supply


Economist Emmanuel Okware offers insight into the impact of the coronavirus pandemic in Uganda, exploring the central bank's response and the effects of changes in the money supply on the population. This was first published on the Monetary Club podcast of the Institute of International Monetary Research.

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