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Business & Economy · Nile Post · Latest (Uganda)

When Borrowing Is Not a Choice: Can Higher Interest Rates Help Ugandans Who Borrow to Survive?

2026-10-16T14:22:27.000Z

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From Nile Post · Latest (Uganda)

  • The Central The Bank's decision is aimed at managing inflation and stabilising the economy.
  • And there is good reason to take that objective seriously.
  • Rising prices erode purchasing power, especially for households whose incomes cannot keep pace with the cost of living.
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News desk
Business & Economy
Published
2026-10-16T14:22:27.000Z
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Places: Uganda

Sources and further reading

  1. Nile Post · Latest (Uganda) — When Borrowing Is Not a Choice: Can Higher Interest Rates Help Ugandans Who Borrow to Survive?