WB Deprives Uganda of Funding Over Gay-ban Law

The World Bank announced in a release on Tuesday that it will discontinue financing Uganda due to the anti-gay legislation adopted by the country in May. Homosexuals can now incur the death penalty in Uganda.
“No new public financing to Uganda will be presented to our Board of Executive Directors until the efficacy of the additional measures has been tested”, said the release.
The decision was made after a team was dispatched to Uganda upon President Yoweri Museveni’s approval of the controversial law. The envoys determined that extra precautions were needed to guarantee that projects met the bank’s inclusive criteria.
The Bank perceives Uganda’s Anti-Homosexuality Act as a discriminatory measure that would jeopardize its global efforts to abolish poverty.
“Our goal is to protect sexual and gender minorities from discrimination and exclusion in the projects we finance. These measures are currently under discussion with the authorities,” the source clarified.
Despite the current decision, the World Bank stated that it is “committed to helping all Ugandans, without exception, escape poverty, access vital services, and improve their lives.”
Reacting to the loan suspension, President Yoweri Museveni twitted: “It is therefore unfortunate that the World Bank and other actors dare to use money to coerce us into abandoning our faith, culture, principles, and sovereignty.”