By Olivia Nabaggala
13th April 2022
Civil society organizations are concerned with the ministerial policy statement for the Financial Year – FY 2022/23 amidst the rising prices of essential commodities.
According to the next financial year 2022/23, there is 6% expected increase from 44.7 trillion Shillings in the current FY 2021/22 to 47 trillion Shillings.
Speaking to the press in Kampala, Patrick Lubanga from Civil Society Budgetary Advocacy Group -CSBAG notes that since the reopening of the economy, the country is experiencing an increase in prices of commodity prices of almost 100% for some commodities, among others are laundry bar soap which increased by 48%, cooking oil by 78% and fuel by 34 % which is attributed to forces of demand and supply.
He now appeals to government to consider strengthening and enforcing current regulations on essential commodities to guard Ugandans against anti competitive practices.
Lubanga also wants Parliament to expedite the enactment of the competitive and consumer protection bills.
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