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Cabinet moots changes in Bank of Uganda act

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State Minister of Finance for Planning David Bahati, says the amendments will also outline the monetary operations of the Central bank and also ensure its role in effective implementation of the East African Integration objectives.

Cabinet has approved the principals for the amendment of the Bank of Uganda Act to incorporate tighter regulation of the mobile money sector.

State Minister of Finance for Planning David Bahati, says the amendments will also outline the monetary operations of the Central bank and also ensure its role in effective implementation of the East African Integration objectives.

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