NewVision.co.ug·2 min read·medium

East African central bank governors meet in Kampal

A
Ali Twaha
East African central bank governors meet in Kampal
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Central bank governors from the East African Community have projected a 5.2% economic growth rate for the region in 2026. This forecast exceeds the average growth expected for Sub-Saharan Africa, despite ongoing global economic pressures.

_________________ Governors of the East African Community (EAC) Partner States' central banks meeting in Kampala have projected that the region's economy will grow by 5.2% in 2026. The projected growth will outperform the Sub-Saharan Africa average of 4.3%, even as global risks tied to high oil prices and shipping costs weigh on the wider outlook. The projection came out of the 29th ordinary meeting of the EAC Monetary Affairs Committee (MAC), held at Serena Kigo Hotel in Kampala. The meeting was chaired by Bank of Uganda Governor Michael Atingi-Ego, the current MAC Chairperson. Bank of Uganda Governor Michael Atingi-Ego, the current EAC Monetary Affairs Committee (MAC) chairperson. (Photo by Ali Twaha)

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East African central bank governors meet in Kampal — Headlinne — headlinne