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Computer Literacy Final Exam
Computer Literacy Final Exam
Faculty of BAM
Introductions to computer application Practical and
take home Exam
Instructions
1. Upload your work on moodle
2. You will present your work for the award of marks
In July 2011, the Bank of Uganda reformed its monetary policy framework to meet the
challenges of macroeconomic management generated by the transformation of the economy over
the last 10 years, and in particular the rapid growth and diversification of the financial system.
These reforms entail the transition to an inflation targeting lite monetary policy framework.
The primary policy objective of monetary policy remains unchanged: the control of core
inflation over a medium term horizon. The reforms to the monetary policy framework are
intended to strengthen implementation of Uganda’s medium term macroeconomic framework.
As part of the process of introducing an inflation targeting lite monetary policy framework, the
Bank of Uganda sets an interest rate as the operating target of monetary policy. The interest rate
is called the Central Bank Rate (CBR) and is used to guide the 7 day interbank interest rate.
The CBR is set once a month and is publicly announced, so that it clearly signals the stance of
monetary policy during the month. The CBR is set at a level which is consistent with moving
core inflation towards the BOU’s policy target of 5 percent over the medium term.
Click on the link below a presentation on Inflation Targeting, by Dr. Adam Mugume, Ag.
Executive Director Research, Bank of Uganda. He made the presentation during an Inflation
Targeting Monetary Policy Framework Seminar for Business Editors and Reporters on Thursday
June 23, 2011 at Grand Imperial Hotel, Kampala.
Balance of Payments Outlook
in the short-term (6 months ahead), the external sector performance will be contingent on the
evolution of the pandemic & efficacy of vaccination, global financial markets, regional trade
disputes and IMF Executive Board approval of the recent review of the ECF program.
The CAD is anticipated to narrow.
▪ The trade deficit is expected to widen as import growth continues to outpace the growth in
exports due to a pick-up in domestic demand following the full opening of the economy;
▪ The services deficit is expected to narrow due to a pick-up in travel receipts as increased
uptake
of vaccinations will support tourists confidence.
▪ In addition, the secondary income surplus is expected to increase due to high budget support
grant inflows in support of the post-pandemic economic recovery and strengthening of workers
remittances.
The financial account surplus is likely to widen.
▪ FDI inflows is expected to recover in line with the positive outlook for Uganda’s oil sector
following the conclusion of the FID.
▪ Portfolio flows are likely to revert to historical trends as interest rates in AEs rise.
▪ Loan disbursements will increase in support of new & existing public sector projects.
▪ Budget support inflows (incl. the potential $500mn syndicated loan with SCB) would further
support the FA surplus.
The MPC assessed that the economic recovery continues to require monetary
policy support.
Based on an assessment of the current macroeconomic situation and the outlook,
and balance of risks, the MPC judged that keeping CBR unchanged at 6.5% would
be consistent with meeting the inflation target of 5% sustainably in the medium term
while supporting economic growth recovery.
The band on the CBR is also maintained at +/-2 percentage points on the CBR and
the margins on the rediscount rate and bank rate have been kept unchanged at 3
and 4 percentage points on the CBR, respectively.
The BoU will continue with credit relief measures for those sectors like education
and hospitality, which remained under lockdown for an extended time.
➢ Furthermore, BoU will maintain the Covid-19 Liquidity Assistance program (CLAP)
to manage potential liquidity risks arising from the pandemic until the economic
situation normalises
Required
1. Capitalize the first paragraph of the text and bold it underlines it and italic it. 5 marks
2. Give the second paragraph a background color of your choice and give it a fort
Stonehenge and fort size 20. 5mks marks
3. Insert 2pictures of your choice in your work, insert 2 shapes of your choice as well join
the two shapes with the double arrow, write your two names in each shape and add color
inside the shapes 10 marks
Question 3. Open a new Microsoft excel sheet and use it to organize the
following data.
Required
Calculate:
NOTE
Upload your work on moodle in the folder called computer literacy final exam
deadline is 8th March 2022
The day of presentation will be communicated through your class representatives
for Nkozi campus presentations will be on Thursday 10th 2022