Minister of Finance Issues Statement on Rising Prices

Minister of Finance Issues Statement on Rising Assets _


πŸ‡ΊπŸ‡¬ _ Minister of Finance Issues Statement on Rising Assets _

Ladies and gentlemen, the recent rise in prices of essential goods and services is a temporary shock caused by global chain disruptions due to COVID-19 and political tensions. The situation will be normal soon and monitor the situation.


We are embarking on a policy intervention to ensure greater economic stability and affordable living expenses for all Ugandans. We also take advantage of this global catastrophe to develop our strategy to bring industries to the export market.


We are working with private companies to produce locally some of these medium-sized goods used to produce many affected items such as cooking oil and soap. We are investigating the issue of shortage of goods made by unscrupulous speculators who exploit this situation.


>>> Minister of Finance, Planning and Economic Development, Matia Kasaija

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