Central bank in Uganda adjusts policy to reduce economic volatility.
The study looked at how financial issues and monetary policy affect Uganda's economy. They used a model to see how different factors influence the country's financial markets. The results show that Uganda's central bank adjusts interest rates based on changes in the interest rate spread, even though the financial markets are not very efficient. To make the economy more stable, the central bank should keep responding to these financial problems. By being more aggressive in responding to economic changes, they could improve the country's economic situation.