Michael Atingi-Ego

News

BoU deputy Governor breaks silence on missing billions

Reporter | December 6, 2024

By MARTIN LUTHER OKETCH Bank of Uganda has said money meant for debt repayments to the Word Bank and African Development Fund was diverted from its intended destinations to two banks in London, UK, and Japan. In a press briefing on December 5, Bank of Uganda Deputy Governor Michael Atingi-Ego, said […]

Business News

Uganda’s public debt hits Shs80 trillion

Prossy Kisakye | November 10, 2022

The Deputy Governor of Bank of Uganda, Michael Atingi-Ego has revealed that Uganda’s public debt has hit the Shs80 trillion rate. Ego made the revelation while appearing before Parliament’s Finance Committee where he had been summoned to explain the current high inflation in the country. He cautioned legislators against approving […]