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Uganda Economic Update: Step by Step – Let’s Solve the Finance Puzzle to Accelerate Growth and Shared Prosperity

Published on February 09, 2017

Today, the World Bank launched its new Economic Update for Uganda, titled “Step by step - Let’s solve the finance puzzle to accelerate growth and shared prosperity”. It shows the country has made great strides in expanding the financial sector with more than half the adult population accessing formal and regulated financial services. This is thanks in part to the rising growth of mobile money and opening of a credit reference bureau in 2008. About 8 million adult Ugandans own a bank account. This pushes the share of the adult population with access to financial services to 52 percent, up from 28 percent in 2009. Read more. Source | Worldbank