The
NRM Government must realize the bad situation the economy of the country is in,
and in the short term come up with a committee to sit on a daily basis analyzing
the situation and also recommending whether specific expenditures by Government
should be made. It is sad to see the
situation regarding Sugar and wonder how the Government could have been caught
off guard given that it has figures regarding the demand. It looks like many people have left the
duties they ought to do and are taken up by issues which don’t help the economy
at all. It is also time to check
expenditures by State House. No money should be put into the economy without
being properly vetted. It is politics
that is messing up Uganda’s
economy. There is also need to look at
the way donor funds are being spent. It
is possible that some of these funds are going into consumption. There is a lot of money with some people
while majority are empty handed. The
source of this money must be investigated and something done about it. When one sees what is going on in the
building industry, for sure, a good number of people constructing at this time
may have got money during the elections time and this is greatly doing
havoc. For once, President Museveni
should leave the technical people manage the economy. He should desist from giving instructions to
see money dished out. The economy has
reached a phase where if we had real democracy to talk about, the solution
would have been to impeach him. It is
sad to see people not able to make any worthy financial plans now because the
financial situation is so unpredictable.
Recently it was reported in the press how Bassajjabalaba was demanding
for shs 140bn or so. The question is,
how does he come to have command to such money?
If these situations are not investigated and a lasting solution got, it
will be most unfortunate.
You cannot
have a country where every other day people are striking and the powers are
unbothered. The institution of the
forces is generally not productive. So
if Government imagines that it will keep deploying forces to cool people down
as the prisons are filled, this unfortunately is no solution. Let technical people be given the command to
manage the economy without powers from above which powers are messing up. How come that the country is borrowing a lot
but keeps selling peanuts to generate foreign exchange which situation is
keeping the shilling depreciating? There
must be a balance sheet produced for what is happening and remedy got otherwise
it is most unfortunate. If a reduction
in taxes can make some sense let it be.
It is sad for example to imagine that people will keep paying power
bills when at the time most households need this power it is load shedding that
they are witnessing. Let us have our
priorities right. Let somebody be in
control. Let us get to know exactly how
much money is in circulation, how much is out of the banks and where possible
control the Forex transactions. Those
economies that have regulated Forex business are not silly, our countries are
so vulnerable to external forces that even an owner of a telecommunications
company can destabilize the economy. So,
controlling the Forex market so as not to leave it 100% in hands of private
operators makes a lot of sense. Time is
now for Government to get active into auditing virtually everywhere it is
involved. It is sad that the creators of
wealth are yawning, yet those who do politicking business are talking big and
have the money. Government must get its
priorities right so that the skilled manpower are rightly cushioned from shocks
in the economy as of now. Instances when
we have had emergencies at Mulago and other hospitals speak for themselves. People expected of saving lives MUST be paid
what is worth their work. In Uganda it is
now a scandal when you see the people who are paid highly. Those who can sing NRM praises! That does not make economic sense. It is also very important that His Excellency
the President for once takes the word from the technical people. It is sad for a leader not to listen and have
people work as robots for what these people know is wrong and will ruin the
country.
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