In spite of the International Monetary Fund (IMF) assistance to salvage the reputation of Dictator Yoweri Museveni’s personal Bank, aka Bank of Uganda. The Bank continues to face serious financial instability that will continue to cause price instability for years to come.
Today, the Bank is using Ninja accounting and publishing quarterly fake Inflation rates. Thus, the banking system has been poorly capitalised.
To save face, Bank of Uganda has now turned to public relations(PR) to cover-up its incompetence.
The image illustrates the performance of the Uganda economy for the last ten years.
If Uganda was a company, definitely the Directors would immediately be fired for a bad job done. As the performance of the economy is like gonococcal infection that never goes away.Today the gonococcal acts like its healed, but tomorrow the pain returns with a vengeance!
Its time the Directors of Uganda got fired!