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:
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—Calvin Coolidge (1872–1933)
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—Sarah M. Grimke (1792–1873)
“Ah! how much a mother learns from her child! The constant protection of a helpless being forces us to so strict an alliance with virtue, that a woman never shows to full advantage except as a mother. Then alone can her character expand in the fulfillment of all life’s duties and the enjoyment of all its pleasures.”
—Honoré De Balzac (1799–1850)