There are two ways in which we can control our economy from losing value as Ugandans and these are through; Monetary & Fiscal policies. Uganda’s economy is affecting the youth mostly because the biggest percentage is unemployed.
This was said by Mr. Bwambale Kadir a lecturer at Mountains of the moon University in Fort Portal during the ToroDev supported ‘Listeners Forum’ program that is aired live every Sunday 8:00pm – 10:00pm on Jubilee radio.
All the three organs of government; Executive, Judiciary & Parliament need to work hand in hand with the bank of Uganda to regulate credit circulation & have selective credit control so that our investment as a country can go to where we can benefit in the next years to come.
Mr. Bwambale further said, as a country we need to encourage more foreign investments whereby investors can invest in setting up big factories and in so doing money will be coming into the country other than being taken away because people will have jobs. Mr. Bwambale also said that government needs to encourage public savings because today people think those earning in millions can be the only ones to save.
Meanwhile Mr. Mutalesa Joseph a lecturer at Uganda Pentecostal University in Fort Portal while appearing live on Listeners program said, government needs to have a social & political will and liberalization of the mind whereby the set priorities on investments can benefit the people in few years.
The 2 hours live radio discussion was joined by listeners through call-inns & Sms platforms and is hosted by Mr. Mukonyezi Wilfred Abooki.
|Mr. Mukonyezi Wilfred Abooki, Moderator 'Listeners' Forum Program|
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