Wakida blames shilling depreciation on domestic economic policies

The Independent Uganda: ·
Uganda

Kampala, Uganda | URN | Kabweri County Member of Parliament Patrick Godfrey Wakida has blamed Uganda’s weakening shilling on domestic economic pressures, including declining foreign currency inflows, investor uncertainty and rising demand for dollars, arguing that the country’s economic challenges cannot be explained solely by external shocks. In an October 9th, 2026 statement posted on … The…

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