This Speech by Prof. Emmanuel Tumusiime Mutebile, Governor, Bank of Uganda was delivered at the Dialogue on the Impact of Oil Price Volatility and its Implications for the Economy and for Macroeconomic Stability at Protea Hotel Kampala on February 25, 2O15 We bring you the full speech here below [toggle title=”Introduction” state=”open” ]Good afternoon ladies
Why Uganda will not benefit from the slump in Global Oil Prices
When Ugandans query the constant upsurge in oil prices, they are often reminded by fuel dealers that the global oil price trends largely driven by the Middle East suppliers especially Saudi Arabia are the reason to blame. However, developments in the recent past suggest that the dealers only use the global oil prices as the