Duties
In the process of fulfilling the Bank's mission, the Bank carries out the following functions:
- Issue Uganda's national currency/legal tender, the Uganda Shilling (UGX)
- Regulate money supply using monetary policy
- Act as Banker to the Government of Uganda
- Act as Banker to Commercial Banks
- Supervise and regulate Financial Institutions in Uganda
- Manage the country's external/foreign reserves
- Manage Uganda's external debt
- Advise the Government of Uganda on financial and economic issues
Read more about this topic: Bank Of Uganda
Famous quotes containing the word duties:
“Men are to be guided only by their self-interests. Good government is a good balancing of these; and, except a keen eye and appetite for self-interest, requires no virtue in any quarter. To both parties it is emphatically a machine: to the discontented, a “taxing- machine;” to the contented, a “machine for securing property.” Its duties and its faults are not those of a father, but of an active parish-constable.”
—Thomas Carlyle (1795–1881)
“The Fountaine of parents duties is Love....Great reason there is why this affection should be fast fixed towards their children. For great is that paine, cost, and care, which parents must undergoe for their children. But if love be in them, no paine, paines, cost or care will seeme too much.”
—William Gouge (20th century)
“One of the duties which devolve upon women in the present interesting crisis, is to prepare themselves for more extensive usefulness, by making use of those religious and literary privileges and advantages that are within their reach, if they will only stretch out their hands and possess them.”
—Sarah M. Grimke (1792–1873)