President Yoweri Kaguta Museveni will speak to the country on Sunday, 22, May, according to Senior Presidential Press Secretary Linda Nabusaayi.
The address, which will be relayed on all Television and Radio stations, will begin at 8 am.
Nabusaayi confirmed that the President will specifically update the country on the current economic situation, raising hopes that the skyrocketing commodity prices will form a major component of the speech.
There has been a widespread public outcry as a result of an unprecedented increase in the prices of essential commodities, such as Petrol, Diesel, paraffin, cooking oil, and soap, among others.
A litre of Petrol goes for about 5500 shillings at most fuel stations, with soap at 10,000, cooking oil at 12,000@ litter, and Sugar at 4000, among others.
Government has in recent weeks been under pressure to address the crisis, with Parliament calling for an express answer to the crisis.
Former Presidential candidate Co Kizza Warren Besigye, last week attempted to lead city demonstrations, accusing the government of filing to curtail the ever rising prices, causing untold suffering to the ordinary poor Ugandans.
Ramathan Ggoobi, the Permanent Secretary Ministry of Finance has previously slammed calls for price controls, and subsidization of prices, noting that this would further complicate the situation rather.
In a recent address, President Museveni explained the crisis is a result of external causes which could not entirely be resolved locally. He however, said there were efforts to dialogue with Europe and other players to find a solution to the crisis.
The war between Russia and Ukraine has affected world supply adversely since the former is a global powerhouse in the supply of oil, with the latter a major supplier of food such as wheat, barley, and sweet potatoes, among others.
President Museveni recently advised the country to manage the situation by finding alternatives for items that are scarce. He, for instance advised people to resort to cassava in case they can no longer afford bread.
