Prof. Nuwagaba Augustus
@ProfNuwagaba
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Deputy Governor, Bank of Uganda
Kampala
Joined November 2014
On my usual engagements on economic transformation in Africa, I was in Abujja, Nigeria recently. @GovUganda @NPA_UG @rggoobi @DuncanAbigaba
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Robust macroeconomic stability is a function of domestic output. Here are my insights, This is primarily because a high and consistent level of output, often measured by Gross Domestic Product (GDP), supports key economic conditions like employment, stable prices, and
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GAINING FROM DEMOGRAPHIC DIVIDEND One of the things being discussed globally is the impact pathway to gainful employment as a driver of economic transformation. Policies aiming at job creation must be premised on the formalisation of informal work, skills-mix development, and
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Did you know that balancing monetary policy and economic growth is a delicate act? In fact, Central Banks globally face this challenge daily. How do they do it? Here are my insights. a)In the aftermath of the 2008 financial crisis and the ensuing recession, the United States
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This cyclist nearly lost his life in a crash. Learn why he thinks Waymo will help improve road safety.
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As we strive for a sustainable future, it is clear that financing for development is very paramount. The 4th International Conference on Financing for Development, held in Seville, Spain, from June 30 to July 3, 2025, highlighted the need for $4 trillion in annual investments
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At the Financial Inclusion Forum organised by @BOU_Official and @mofpedU, the Authority - @IraUganda is well represented by the Director Stately and Market Development @sandeprotazio. The forum themed on Access to usage - advancing inclusive financial products uptake in Uganda
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Speaking at the 2025 Financial Inclusion Forum, @ProfNuwagaba, Deputy Governor of the @BOU_Official, reminded us that true progress lies in inclusion: I speak for the poor and those outside the monetary economy. The ones who must be included if we’re to achieve true financial
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This morning, I hosted the IMF MISSION, which is currently in Uganda on a Diagnostic Assessment of the level of financial inclusion of the Ugandan population in Financial Markets, particularly Government Securities. I explained that the strong monetary policy framework pursued
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"Federal cuts upended clinical trials. A new study reveals the toll." Perhaps it's the best time go "all-natural".
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In today's New Vision, @newvisionwire, I highlighted on some of the investment opportunities for foreign investors.
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Yesterday, Sunday, 26th, 2025, I participated in the 100 YEARS CELEBRATION OF THE CONSECRATION OF RUBAGA CATHEDRAL. I represented Bank of Uganda, @BOU_Official, at this function. As we all know, the church has been instrumental in building Human Capital in Uganda, particularly
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The digital revolution has swept the globe, and today, nearly 5 billion people are digitally connected, but as we enter in digital age, it is equally crucial to think about how technological advancement can address the financial gaps that continue to pervade the underserved
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Honored to Have You With Us! We are pleased to have the Deputy Governor of @BOU_Official of Uganda, @ProfNuwagaba, join us today for the Annual Bankers’ Sports Gala Finale at Kyambogo. His presence adds great inspiration to this momentous occasion as we celebrate excellence,
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Over the weekend, I was invited to officiate the closing ceremony for Bankers Gala games, organised by Uganda Institute of Banking and Financial Services, @ibfsUg. I witnessed the energy, teamwork, and true sportsmanship displayed throughout the event. The event reminded me of
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Yesterday, we launched our 2025 Sustainability Report, themed “A Sustainable Future in Every Drop.” This report is particularly important as it focuses on water, a vital resource for our planet, and also a key ingredient in the production of our beverages. Recognizing that
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As we strive to have a better world, it is not good news that MOST COUNTRIES REMAIN OFF TRACK to meet the Sustainable Development Goals (SDGs) ESPECIALLY THE TARGET of ENDING EXTREME POVERTY AND INEQUALITY by 2030 deadline. According to the recent United Nations report, only
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We have reintroduced @AbsaUganda's Custody Services, designed to give institutional investors secure, efficient and transparent solutions. Our goal: empower pension funds, insurers, asset managers, and Individuals to safeguard assets, make informed decisions, and confidently
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Today, 9th October 2025, Uganda celebrates 63 years of independence. As we mark this milestone, we must reflect on Uganda’s economy, the achievements we have registered, and the challenges we have encountered. Our economy has grown steadily, demonstrating resilience amidst the
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“Capital inflows are most beneficial when channelled into non-factor services such as tourism, ICT, and logistics —where value is created locally, rather than into factor services like interest or profits, which often flow back out of the economy.,” says Prof. Augustus Nuwagaba,
Of recent, there has been debate on the impact of capital inflows on domestic economies, specifically forex rates, currency performance, and economic growth. Large capital inflows bring considerable economic benefits to recipient countries. We must understand these dynamics to
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