
Adv. Stuart Godwin.T
3.9K posts

Adv. Stuart Godwin.T
@StuartGodwin_T
I may disagree with what you say, but I will die for your right to say what to say. Keen on IP & Data Privacy/Hockey player/Heathens RFC/ Phaneero Saint/Cityzen






"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Uganda’s balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. That’s how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.” Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.











.@cobbo3 do you remember the phrase from the Clinton 92 campaign for the US Presidency that sunk George H. W? Why the architects & champions of this did not seek counsel of those who know is mind boggling. This embarrassment that the #SovereigntyBill has become could have been avoided well in advance🤷🏿♂️

















