Constitution of the Republic of Uganda, 1995
Functions of the bank.
- Jurisdiction
- Uganda
- Provision
- 162
- Source language
- English
- Recorded status
- in force
More details
- Recorded status
- in force
Provision text
Official source(1) The Bank of Uganda shall—
(a) promote and maintain the stability of the value of the currency of
Uganda;
(b) regulate the currency system in the interest of the economic
progress of Uganda;
(c) encourage and promote economic development and the efficient
utilisation of the resources of Uganda through effective and
efficient operation of a banking and credit system; and
(d) do all such other things not inconsistent with this article as may
be prescribed by law.
(2) In performing its functions, the Bank of Uganda shall conform to
this Constitution but shall not be subject to the direction or control of any
person or authority.
(3) Subject to the provisions of this Constitution, Parliament may
make laws prescribing and regulating the functions of the Bank of Uganda.
Auditor General.
Source record
Source and verification
Constitution of the Republic of Uganda, 1995 · judiciary.go.ug · Retrieved 17 August 2026.
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