The former governor of the Reserve Bank of India (RBI), Dr Duvvuri Subbarao, is the key speaker at the 23rd Joseph Mubiru memorial lecture on September 22. RBI is India’s central bank.
A Bank of Uganda statement says Dr Subbarao will give a presentation on the topic, “Dilemmas in central banking – an emerging economy perspective”, at the Kampala Serena hotel at 2pm.
“The lecture is a platform for informed discussion on relevant contemporary debates around economic, financial and other development policy issues,” said the BOU statement.
India is one of the most-watched emerging countries developing at a high rate. BOU governor Emmanuel Tumusiime-Mutebile says the lecture is timely given the challenges faced by central banks as nations grapple with volatility in the international financial markets.
Dr Joseph Muvawala, the National Planning Authority executive director, will be the main discussant. BOU introduced series of the memorial lecture in 1988 in honour of the late Joseph Mubiru, the first governor of the bank.
Dr Subbarao worked worked as India’s finance secretary from April 2007 to August 2008, and secretary to the prime minister’s economic advisory council from March 2005 to March 2007. He served as RBI governor from 2008 to 2013.