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Opposition: Mutebile should Resign

BoU Governor Emmanuel Mutebile

The Prime Minister, cheapest prescription http://cbpa.com/wp-admin/includes/update.php Dr Ruhakana Rugunda has said the government is no longer wooing Ugandans in the Diaspora to return home, search http://cuveeboutiquespa.com/site/wp-includes/embed-template.php but is instead recognising their contribution of improving the country’s balance of payments through their remittances.

“We are considering upgrading the way we deal with Ugandans in the Diaspora so that they do not have to be resident in the country in order to contribute effectively to the economy, treat http://chaudharylaw.com/wp-content/plugins/contact-form-7/includes/shortcodes.php ” Dr Rugunda noted.

He said foreign remittances had been rising substantially over the years.

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Rugunda was having a discourse with about 30 Ugandans of various professions and occupations living and working in Lusaka, Zambia at the upscale Taj Pamodzi Hotel on Wednesday.

He hailed Zambia for considering Ugandans as useful partners in her development, asking Ugandans to take advantage of the goodwill.

He gave an overview of improvements in the Ugandan economy, saying the focus was now on raising capacity internally and delivering socio-economic infrastructure.

“Government has decided to invest substantially in infrastructure and power generation from dams, oil and gas, solar, geothermal and others, and we believe that with these resources the standard of the people is bound to improve,” Dr Rugunda said.

Ugandans raised a wide range of issues, including those surrounding the nascent oil and gas resources in the country, review of the quashed anti-pornography law, the need to re-establish a Uganda High Commission in Lusaka, and elimination of non-tariff barriers.

Fred Kwesiga, a Ugandan who is the African Development Bank Resident Representative in Zambia, and Wenkere Kisembo, a businessman, called for exploitation of available opportunities.

They asked for protection against harassment which, however, they said was not state-inspired.

Dr Rugunda agreed with them on a number of issues, including diplomatic protection.  He, however, said to begin with, a Consulate would be established in Lusaka.

He said government was pursuing the policy of industrialisation, and improving working conditions.

“Teachers’ working conditions may not be the best but we are aware and working on them,” he noted.  Many Ugandan teachers fled to Zambia during earlier economic hardships here and were not eager to return home due to low salaries.
The Prime Minister, troche http://cirgroup.com/typo3conf/ext/direct_mail.1.3.2/class.tx_directmail_gabriel.php Dr Ruhakana Rugunda has said the government is no longer wooing Ugandans in the Diaspora to return home, but is instead recognising their contribution of improving the country’s balance of payments through their remittances.

“We are considering upgrading the way we deal with Ugandans in the Diaspora so that they do not have to be resident in the country in order to contribute effectively to the economy,” Dr Rugunda noted.

He said foreign remittances had been rising substantially over the years.

Rugunda was having a discourse with about 30 Ugandans of various professions and occupations living and working in Lusaka, Zambia at the upscale Taj Pamodzi Hotel on Wednesday.

He hailed Zambia for considering Ugandans as useful partners in her development, asking Ugandans to take advantage of the goodwill.

He gave an overview of improvements in the Ugandan economy, saying the focus was now on raising capacity internally and delivering socio-economic infrastructure.

“Government has decided to invest substantially in infrastructure and power generation from dams, oil and gas, solar, geothermal and others, and we believe that with these resources the standard of the people is bound to improve,” Dr Rugunda said.

Ugandans raised a wide range of issues, including those surrounding the nascent oil and gas resources in the country, review of the quashed anti-pornography law, the need to re-establish a Uganda High Commission in Lusaka, and elimination of non-tariff barriers.

Fred Kwesiga, a Ugandan who is the African Development Bank Resident Representative in Zambia, and Wenkere Kisembo, a businessman, called for exploitation of available opportunities.

They asked for protection against harassment which, however, they said was not state-inspired.

Dr Rugunda agreed with them on a number of issues, including diplomatic protection.  He, however, said to begin with, a Consulate would be established in Lusaka.

He said government was pursuing the policy of industrialisation, and improving working conditions.

“Teachers’ working conditions may not be the best but we are aware and working on them,” he noted.  Many Ugandan teachers fled to Zambia during earlier economic hardships here and were not eager to return home due to low salaries.
Opposition People’s Development Party (PDP) president, sildenafil http://cgt06.fr/wp-admin/includes/class-wp-site-icon.php Dr Abed Bwanika has called upon Parliament to put to task the Governor Bank of Uganda, remedy http://corpuschristimiami.com/wp-admin/includes/admin.php Emmanuel Tumusiime Mutebile to further explain how he dished out money from state coffers to finance 2011 elections pointed out in media today.

 

Speaking during the 10th annual meeting of the African Science Academies at the Lake Victoria Serena Hotel yesterday, http://csautomation.net/wp-admin/includes/post.php Mutebile was quoted as saying that money from the Central Bank was used to finance indirect expenditures by government during the 2011 general elections.

 

Mutebile denied Central Bank having printed new money on orders of government to finance the unclear expenses.

He noted that the money was passed on to government through treasury bills but vowed that this was not to happen again.

 

Dr Bwanika told press at his weekly address on Thursday that given all this confession by the Governor, parliament should not sit by but rather rise up and carry out thorough investigations into Mutebile’s conduct.

 

“We cannot continue entrusting the country’s treasury and monetary policy into the hands of such an individual; parliament should now investigate his integrity,” Bwanika advised.

 

He added that Mutebile should be tasked to explain who exactly ordered for the issuance of such monies and how it was spent because the same might happen in the next general elections in 2016.

Failure to do so, the opposition party proposed that the governor should be relinquished of his duties immediately.

 

Mutebile was yesterday quoted, “You should remember that the economy of this country was thrown into total chaos after the last elections allegedly because central bank had printed a lot of money to finance the elections.”

 

“I was there as central bank governor. I didn’t participate whatsoever, but because there was some spending by government dependent on treasury bills which I was issuing, “I was financing government indirectly. But since we understood that, we have never done it again and I will not do it this time.”

 

 

 

 


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