Despite public outcry over the rising cost of living in Uganda, President Yoweri Museveni said the government will not intervene in the current economic situation.
Government subsidies or removing import taxes would collapse the economy, Museveni said in a televised state address on Sunday night.
There would be a hemorrhage of dollars from the national reserves for the purchase of those expensive products, he added.
The rising prices of goods have been occasioned by surges in the cost of petroleum products and other imports amid global supply chain constraints following the war in Ukraine.
Museveni advised the citizens to make do with the imported items the country can afford, and substitute expensive wheat with locally available and to frugally use the imported items it can afford.
