• Authored By: Tonny Odokonyero
02 Sep 2022
  • File Size 235.20 KB
  • Published September 2, 2022

What does the sustained increase in global fuel prices mean for Uganda?

The sustained rise in the cost of energy, in particular fuel, continues to affect the global and domestic economies adversely.

By July 2022, the domestic price for diesel and petrol in Uganda had increased by 71.5% and 56.1% compared to July 2021. Fuel supply in Uganda continues to be suppressed because of global oil supply disruptions amidst demand recovery from the COVID-19-induced historical decline

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