Economy struggles amid Covid restrictions – BoU 

Women walk past closed shopping arcades on Luwum Street, Kampala, during the lockdown last year. Sluggish economic activity characterised by close to two years of strict coronavirus restrictions in the country have hit the economy hard and slowed growth. Photo | File

What you need to know:

  • Mr Emmanuel Tumusiime-Mutebile, the Bank of Uganda governor, in his statement describes the pandemic and the associated measures to contain it as challenging to the economy.

Sluggish economic activity characterised by close to two years of strict coronavirus restrictions in the country have hit the economy hard and slowed growth, according to the Bank of Uganda 2021 annual report.

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