National News

PRESIDENT MUSEVENI TO ADRESS THE COUNTRY THIS SUNDAY OVER ECONOMIC SITUATION

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President Museveni will on Sunday evening address the nation on the economic situation in the country.

According to Linda Nabusayi, the Senior Presidential Press Secretary, the head of state’s address will be at 8pm.

Nabusayi said President Museveni will this Sunday May 22, 2022 at 8pm address the nation to update Ugandans on the current economic situation from Nakasero State Lodge.

A number of commodities have seen their prices increase at a terrific speed, a situation which has mainly been attributed to the Russia-Ukraine war that saw fuel and gas prices go up.

This has since triggered the rise in prices of many other commodities.

Members of the public have on several occasions asked the government to intervene in the rising commodity but their calls have fallen on deaf ears.

Forum for Democratic Change (FDC)’s Dr.Kizza Besigye was last week arrested and detained at his own home in Kasangati by police as he started a procession as one of the ways to awaken the public to the dire situation but also asking government to offer a solution to the rising commodity prices.

The Ministry of Finance Permanent Secretary; Ramathan Ggoobi recently said the government will not do anything to cushion Ugandans over the skyrocketing commodity prices.

He explained that controlling prices can lead to a number of unwanted practices which might have dire consequences for the economy.

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