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Financial System Development |
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Uganda's financial sector has shown marked growth in recent years, and great progress has been made in its regulation. In March 2010, 28 regulated financial institutions were providing the country with financial services through 488 registered branch offices, compared with just 270 or so branches at the end of 2006. Despite the successes achieved, more than 70 % of Ugandans (compared to 82 % in 2007) have no access to formal financial services, with poor people and rural populations at a particular disadvantage.
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