Comment: Uganda eyes inflation target

The Bank of Uganda will implement an inflation-targetting framework in the near future, the governor of the central bank, Emmanuel Tumusiime-Mutebile, told CentralBankNews.com. Only a lack of adequate and timely data is holding it back.

COMMENT BY CENTRALBANKNEWS

"We have asked the national statistics office to publish quarterly data on GDP. At the moment we have only annual GDP, and of course you need more frequent data under inflation targetting to calculate the output gap," said Tumusiime

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