Isaacjeff
2.2K posts

Isaacjeff
@Isaacjeff17
passionate professional honest C.E.O Isaac electricals










It’s Politics, Stupid. Advising politicians is like advising a woman in love. Logic doesn’t make sense to them. Stopping Bobi wine and AGORA from getting a few dollars here and there is more Important than the economy, it is more important than the National USD Reserves that Bank of Uganda is talking about, It is more important than common sense. And then also the people he is explaining what should be simple undergraduate economics to are S6 leaver’s party graduates. x.com/rkabushenga/st…







"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.



















