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This is because the economy was already spiraling down even before the emergence of the pandemic.
Bwanika however concurred with President Museveni saying that the pandemic and Ukrainian-Russian crisis made matters worse. Luckily its picking up again although inflation is becoming the problem now.
“The Ugandan economy was already going down even before the pandemic. The pandemic and the Russia-Ukraine war just made matters worse, but the economy is recovering. Unfortunately, inflation is now picking, and we must be worried about that,” said Bwanika.
Abed Bwanika, a former presidential candidate also said that government should let people to air out their grievances freely. The means they choose should depend on an individual and political party.
He further advised government to create a forum where political party leaders sit to discuss the skyrocketing commodity prices.
Furthermore, Bwanika also highlighted the fact that Uganda has the highest fuel prices in East Africa. And this is brought about by the capitalistic tendency of greed by the dealers.
“Uganda has the highest fuel price so far in the East African region, and this is about the mark-up. The dealers are only looking at themselves and how they make profit. They’re not thinking about the Ugandans.”
Besides, the PDP leader said that the country is paying for the mistakes made in the past. Therefore there are some crucial issues that need to be tackled in the short run for the economy to survive.
Bwanika also said that the Ugandan debt burden is on the rise. This means that economic hardships will continue. And as a country, there is a need to sit down and deliberate on the way forward.
“The Uganda debt is rising, the hardships in the country are increasing. We need to sit and have a conversation that will bring a way forward. You can’t afford to say you’ll do nothing in this situation.”
Check Also;
- All This Government Cares About Is Staying In Power; Dr. Miria Matembe
- Ministers And MPs Will Never Feel The Pressure Of High Prices; Solomon Serwanjja
- Besigye Is Using This High Commodity Prices To Regain His Fame; Hon. Dan Kimosho
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg)