And with oil prices rising further in recent weeks, we can expect inflation to move up again. I am sure people are wondering why prices are so high, so let’s unpack it. The inflation story in Canada has three key elements. The first is that, through the pandemic many people shifted to buying more goods and fewer services.
Uganda formulated the Plan for the Modernisation of Agriculture in the 1990s but this has not been implemented effectively with dire consequences for the performance of the agricultural sector. Labour productivity in Ugandan agriculture is among the lowest in the world. Most of the smallholder food crop sector is characterized by subsistence farming, with no use of modern inputs.