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On my usual engagements on economic transformation in Africa, I was in Abujja, Nigeria recently. @GovUganda @NPA_UG @rggoobi @DuncanAbigaba
Prof. Nuwagaba Augustus
2,607 posts
Prof. Nuwagaba Augustus
@ProfNuwagaba
Deputy Governor, Bank of Uganda
- I have been developing a model called "NUWAGABA 8 POINT MODEL". It is a model that explains how an individual or country can economically transform.
- I would like to put it to Ugandans that the current inflation we are experiencing is a GLOBAL PHENOMENON. It is largely IMPORTED INFLATION, caused by three factors namely: 1. Disruption in supply chains of oil products, leading to rise in prices of fuel (petrol, diesel )and gas
- I have been studying the economies of over 120 countries over the last 100 years to determine the major dtriver of econmic transfornation. I have established without any iota of doubt that that a country's economic transformation is premised on what we call "strategic fit".
- I thank H.E President @KagutaMuseveni for the trust he bestowed on me to lead @BOU_Official at the Level of DEPUTY GOVERNOR. This is a heavy and critical responsibility, which I accepted with humility.
- Yesterday, March 06th, 2025, KIGEZI HIGH SCHOOL, the school where I studied both for primary (LOWER)and secondary (HIGH SCHOOL) education, recognised me at the School in Kabale.
- Last week, I launched my book Transformative Economics that analyses Uganda’s post-colonial Economic systems, the current economic policies and their impact, as well as Uganda's future economic trajectory.
- Today, I took part in the Rotary Annual Cancer Run, organised by the ROTARY MOVEMENT. We, as Rotarians, are committed to fighting cancer out of Uganda. On this Cancer programme, we have built a Cancer Centre at Nsambya Hospital. We now want to complete this Cancer Centre by
- A Country's GDP is measured using the formula; GDP = C + I + G + (X-M). C is consumer spending, I is business investment, G is government spending, and (X-M) is net exports.
00:00 - Last week, I was a Guest at a Graduation function. They requested me to speak at this function and this is the counsel I gave. (THREAD)👇
- In 2009, I undertook a study commissioned by @OPMUganda to design a policy on transformation of the public service. I successfully completed the assignment and made two major recommendations namely; 1. A permanent moratorium on government vehicles.
- Musevenomics policies and their impact on economic growth and Transformation. The performance of Uganda’s economy since 1986 is clearly elucidated in what we refer to as Musevenomics.
- Today is my birth day. I would like to thank all my friends, Rotarians, colleagues and relatives who have sent birth day messages. My message to every one is " that age is just a number, what matters is not the size of that number, but...
- Many people have been asking me; " why on earth are governments increasing interest rates, yet, their economies are moving towards a RECESSION (high inflation, unemployment, and declining growth)? @mofpedU @BOU_Official
