The Bank of Uganda Governor Prof Emmanuel Mutebile has been admitted to Nakasero Hospital in Kampala amid deteriorating health condition.
According to xcusive.co.ug, the governor was admitted a few days ago while in critical condition.
“He is not expected in office anytime soon. His health is failing. There’s a great worry,”an insider told the local news website.
The health of the governor has been a corridor talk for a while.
In 2018, Prof Mutebile had to be flown to UK for specialized medical treatment after he collapsed at home.
In 2016, one of the local tabloids alleged that the governor was seriously ill and living off a lifesaving machine.
However, a few days later while announcing the Monetary Policy Statement for October 2016, Governor Mutebile faulted the The Red Pepper for trading in falsehoods.
Mutebile is highly revered and is credited for the prudent and effective monetary policy performance in Uganda.
The world over, central bank governors are so important and crucial to the extent that their health situations are very sensitive, even affecting the performance of stock markets, the economy and even politics.
Meanwhile, flowing the governor out of the country is not an option currently due to coronavirus lockdown.
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