Uganda’s Finance Ministry Absorbs Three Agencies0

• NEWS
• November 11, 2024

In a move aimed at streamlining government operations and enhancing efficiency, Uganda’s Finance Ministry has absorbed three key agencies: the Uganda Microfinance Regulatory Authority (UMRA), the Privatization Unit, and the Non-Performing Assets Recovery Trust. This consolidation, announced in August 2024, marks a significant shift in the country’s financial landscape. Established in the early 2000s, UMRA