Uganda, April 19 -- The Bank of Uganda has said it will continue to prioritize stable prices of goods and services as a key strategy to maintain a strong and reliable Ugandan currency.

Speaking during an interview with the Monitor at Country Inn Hotel in Masindi on Friday, the Deputy Governor Bank of Uganda, Professor Augustus Nuwagaba, said price stability remains central to the country's economic progress and the strength of the Uganda shilling.

He explained that when prices remain stable over time, people develop confidence in the value of their money, which supports both savings and investment.

"Uganda currently has stable prices. For example, a bag of cement is about Shs34,000 and has remained fairly stable. This is a sign that ou...