Economic experts have warned the government against putting the country under another lockdown but rather enforce the standard operating " />

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June 22, 2024
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Economic experts warn government against another lockdown

Economic experts have warned the government against putting the country under another lockdown but rather enforce the standard operating procedures. These warn that the economy is yet to recover from the effects of the previous lockdown and as such placing yet another lockdown would mean throwing economic recovery into oblivion.

Uganda’s Covid 19 cases now stands at 43,401 with 690 cases registered on Saturday 28th May alone. This surge in the cases has got many people speculating yet another lockdown.  This culminated into the presidential address where many Ugandans thought that the president would announce another lockdown.

Dr Fred Muhumuza, a senior economist with Makerere University warns that the current economic indicators already spell doom and as another lockdown would injure the economy.

“The economy grew by 2.9 % and some sectors like Tourism are in -40,” he says.

Kampala, Wakiso, and Mukono have been looked at as the hot spots with not only new COVID 19 variants but also with high new infection rates. On this Muhumuza dissents

“Kampala much as a hot spot, is the hub of business, its where your economy is, it’s the head, when you close it the other areas would as well suffer.”

With the services sector receiving the heaviest beating out of the pandemic, and its interconnectedness with the other sectors of the economy, experts think the equation of handling COVID 19 as well as the facilitating for recovery, should be handled differently.

“Government should re-emphasize the implementation of SOPs reflect on what they have been doing”

At the time when businesses need a shot in the arm, and low business activity across the sectors and the much need for domestic revenue collection, a lock down is the least desired option.

“This is not the time, when the president meets with the technical, let him consider the lock down as the last of options.”

With a slump in the global trade as a result of travel restrictions, another lockdown is likely to bite harder.

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