Bank of Uganda halves number of MPC meetings


The Bank of Uganda has halved the number of times its monetary policy committee (MPC) meets each year, it announced yesterday, in an effort to "strengthen" its decision-making framework.

Effective immediately, the MPC will meet on a bi-monthly basis, which means it will only set the Bank of Uganda's key policy rate – the central bank rate (CBR) – six times a year, as opposed to 12.

The CBR was only established in July 2011. No sooner had the central bank introduced the rate than it began to hike

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account