Uganda launches early retirement scheme

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Nearly 250 employees at the Bank of Uganda have agreed to retire early under a voluntary retirement scheme launched by the central bank in early 2011.

The number of officials opting to retire had originally been reported as 70, however, the central bank on Wednesday said the number of employees leaving was close to 250.

Under the scheme, which came into effect on June 30, employees at the central bank, including senior officials, can retire at the age of 55. This comes as Yoweri Museveni, Uganda

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