THE COVID-19 PANDEMIC: ECONOMIC EFFECTS AND GOVERNMENT MEASURES IN UGANDA

Abstract

Coronavirus also known as COVID-19 started in Wuhan, China in December 2019 and it was pronounced as a pandemic in March 2020 by the World Health Organization (WHO). Although COVID-19 has slowly spread in Africa, but recent spreading is at a high rate. While the recovery rate has been high, Uganda has registered serious impacts on the economic and social front. This paper examined the effect of COVID-19 on employment in Uganda, established the effect of COVID-19 on public demand and prices of inputs in Uganda. It also proposed interventions and how the interventions can be financed. The article recommended that the government should come up with financial interventions which are geared towards improving public demand in the country. The government should come up with a budget to support people who are financially insecure since this may boost demand for public goods and services.