• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News

Finance ministry speaks out on high commodity prices

Noelyn Nassuuna by Noelyn Nassuuna
March 22, 2022
in News
0
DP asks govt to respond to skyrocketing prices of commodities
217
VIEWS
Share on FacebookShare on Twitter

By Benjamin Jumbe

The ministry of finance says the country’s inflation is currently at 3.2 % remains within the target of 5 % and the lowest within the region despite the rise in prices of essential commodities.

Related articles

Gender ministry asks judiciary to speed up sexual violence cases against children

Gov’t lost shs137bn on mental illness treatment

The remark has been made by the minister of Finance Matia Kasaija during a press briefing at Uganda Media Centre in Kampala

The minister said the government had taken note of rising prices of essential commodities like cooking oil, laundry bar soap, fuel, and some services like transport fares in the country.

He however attributed this to among other factors disruptions in the supply chain due to effects of covid-19 restrictions leading to higher transport costs and shortage of intermediate raw materials used in the production of the essential commodities.

He also cites the rapid rise in aggregate demand for several fast-moving goods with the opening of the economies across the world with the situation worsened by the Russia Ukraine conflict which has further disrupted the supply of oil, cereals such as wheat, corn, and sunflower oil

 

 

Noelyn Nassuuna

Noelyn Nassuuna

Related Posts

Kenyan students arrested for torching dorm over Man U, Liverpool game

Gender ministry asks judiciary to speed up sexual violence cases against children

by Noelyn Nassuuna
May 25, 2022
0

By Prossy Kisakye The ministry of gender, labor and social development has asked the judiciary to speed up the process of providing justice to defilement and...

Gov’t lost shs137bn on mental illness treatment

Gov’t lost shs137bn on mental illness treatment

by Noelyn Nassuuna
May 25, 2022
0

By Juliet Nalwooga The Executive Director, Butabika National Referral Hospital, Juliet Nakku has revealed that last year in 2021 government spent shs137 billion on treatment of...

Traditional healer wanted for raping client

Traditional healer wanted for raping client

by Noelyn Nassuuna
May 25, 2022
0

  By Abubaker Kirunda Police in Jinja city are hunting for a traditional healer for allegedly raping a woman who had sought treatment from his shrine....

Ethics Minister interdicts 5 staff at Kitagwenda district

Ethics Minister interdicts 5 staff at Kitagwenda district

by Noelyn Nassuuna
May 25, 2022
0

By Ivan Ssenabulya The Ethics and Integrity State Minister Rose Lilly Akello has directed five staff at Kitagwenda District to be immediately interdicted to pave way...

Gov’t explains hike in fuel prices

Subsidies will hurt the poor more-Ministry of Finance

by Noelyn Nassuuna
May 25, 2022
0

By Ritah Kemigisa The Ministry of Finance has released a brief on the implications of subsidies and tax cuts on essential commodities as suggested by many...

Next Post
Thirteen MPs express interest to contest for Speaker of Parliament

Thirteen MPs express interest to contest for Speaker of Parliament

If you can’t mourn with them, at least respect them- Bobi Wine

Oulanyah's burial program to be released after election of new Speaker

Thirteen MPs express interest to contest for Speaker of Parliament

Clerk to parliament announces Friday plenary sitting

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
Kenyan students arrested for torching dorm over Man U, Liverpool game

Gender ministry asks judiciary to speed up sexual violence cases against children

May 25, 2022
Gov’t lost shs137bn on mental illness treatment

Gov’t lost shs137bn on mental illness treatment

May 25, 2022
Traditional healer wanted for raping client

Traditional healer wanted for raping client

May 25, 2022
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.