In Uganda delivering the keynote address at the 50th Anniversary celebration of the Central Bank of Uganda.
Topic - African Central Banks: Rethink Role or Stay the Course?
THE CORE MESSAGE: African central banks should be cautious about following unorthodox monetary policy. They should focus instead on making their currencies a credible store of value. Experience from Developed country markets and some large Emerging market economies support the call for caution. Some experience shows that following unorthodox policies can oftentimes have depressingly orthodox consequences as in Brazil, Russia, Argentina or Venezuela at varying periods.
In photos with Madame Speaker of the Ugandan Parliament, former finance minister Uganda, Razia Khan of Stanchart, and Central Bank Governors and Deputy Governors from Uganda, Kenya, Rwanda, Malawi , Tanzania, Lesotho and South Sudan.
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