Uganda: NGOs To Re-Open As US Dangles Level 4 Travel Advisory

By Black Star: Spurred on by a quickly warping national economy and the fastest-plunging currency—the Uganda Shilling—the Government of Uganda has apparently bowed to the economic pressures occasioned by the arbitrary closures of Non-Governmental Organizations (NGOs) in the country. The Government has now announced the lifting of the ban on 10 NGOs that were shutdown days to the January 15 presidential elections. NGOs pump foreign inflows into the economy; thereby effectively weighing and equalizing the Balance of Payments in the national economy. The shortage of foreign financial inflows tightened the demand for the US Dollar in Uganda so much so that the local currency hit a 33-year-low depreciating by almost 16% in October when the exchange rate kissed 4,500 per dollar. “To the public, this is [a] magnanimous act by [Gen Yoweri] Museveni’s NRM [ruling party; the National Resistance Movement] after reflection.

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