Corti Paul Lakuma, a Research Fellow at the Economic Policy Research Centre (EPRC) has emerged Uganda’s number one Exchange Rate Forecaster for 2018 FocusEconomics Analyst Forecast Awards.

“Congratulations on winning the FocusEconomics Analyst Forecast Awards 2018! We are pleased to recognize you as the most accurate forecaster,” read an email from Olga Coscodan the FocusEconomics' Communications and Panelist Manager who asked Lakuma to share the accomplishments with crucial communities.

Similarly, Lakuma emerged number two on inflation forecast after BMI Research Team clutched the first position. Other forecasts are on GDP, fiscal balance and current account.

Economic Forecast Social

Every month a panel of analysts and firms submit forecasts, which are reviewed after every year basing on set benchmarks.

According to Lakuma, the best estimate is used to support government fiscal planning and global value chains.

Lakuma who researches policy issues under the EPRC Macro Department also won the 2017 FocusEconomics Analyst Forecast Awards for best Exchange Rate Forecaster for Uganda.

The FocusEconomics Analyst Forecast Awards recognize the top economic forecasters for over 80 countries worldwide for the main macroeconomic indicators.

Frontier Strategy Group, BMI Research, Euromonitor International, Standard Chartered, Citigroup Global Mkts, EIU and Oxford Economics are the firms which carryout forecasting for Uganda.

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