World Bank halts new lending to Uganda over anti-LGBTQ law

 | 
08/10/2023

WASHINGTON, Aug 8 (Reuters) – The World Bank said on Tuesday it would halt new lending to the Ugandan government after concluding that its anti-LGBTQ law, which has been condemned by many countries and the United Nations, contradicts the bank’s values. In response, the East African country dismissed the move as unjust and hypocritical. A World Bank team traveled to Uganda immediately after the law was enacted in May and determined that additional measures were needed to ensure projects were being implemented in line with the bank’s environmental and social standards. “We remain committed to helping all Ugandans – without exception – escape poverty, access vital services, and improve their lives.” World Bank President Ajay Banga, who took office in June after the Ugandan law was enacted, has come under pressure to respond to the Ugandan law. On June 15, 170 civic groups urged Banga to take “specific, concrete and timely actions” in response to the Uganda anti-LGBTQ law, including suspending future lending.

Share this:

Latest Global News

Added on: 09/17/2024
09/16/2024
A neo-Nazi is facing years in prison after he was found guilty of intending to commit a terrorist act on an LGBTQ+ group in …
Added on: 09/17/2024
09/16/2024
A new service by the name of SheDrives was launched in Lahore, Pakistan recently and the most interesting thing about it is that it …
Added on: 09/17/2024
09/16/2024
Canada has expelled Uganda’s High Commissioner Joy Ruth Acheng, accusing her of breaching the diplomatic code of conduct. Acheng has served as Uganda’s High …

Explore LGBTQ+ Issues

Other News from , ,

Added on: 09/17/2024
Canada has expelled Uganda’s High Commissioner Joy Ruth Acheng, accusing her of breaching the diplomatic code of conduct. Acheng has served as Uganda’s High …
Added on: 09/15/2024
Ghanaian Texas Kadir Moro concluded a series of solo demonstrations for LGBTQ+ rights in Accra on Thursday (Sep. 12). “Justice begins where inequality ends” …
Added on: 09/14/2024
Texas Kadiri Moro stood in the middle of the hustle and bustle of Accra on Thursday, dressed in short pink Speedos and a pink …