The Permanent Secretary (PS) of the Ministry of Finance, Planning and Economic Development has suggested that Ugandans cut unnecessary spending, limit fuel consumption and consider locally produced alternatives amid concerns over pressure on the exchange rate.
During a recent discussion, the PS suggested that motorists who routinely fill their fuel tanks and offer lifts to random passengers should consider driving straight home instead, as a way of reducing unnecessary fuel use.
The PS also raised the question of why Ugandans would choose spaghetti when locally grown potatoes from Kabale are available, pointing to the potential benefits of supporting domestic products during a period of economic pressure.
On the exchange rate, the PS warned that speculation could push it even higher, highlighting concerns about how expectations of further depreciation can increase demand for foreign currency.
The shilling’s performance, however, is influenced by several factors, including import demand, export earnings and capital flows.
The suggestions reflect a call for more cautious household spending, reduced fuel consumption and greater consideration of locally produced goods. However, it remains unclear whether they form part of a formal government austerity policy or are recommendations made during the discussion.
