Whole Country De-banked:World Bank says Uganda's anti-LGBTQ law violates its values


The World Bank has announced that it will stop providing new loans to the Ugandan government due to concerns about its anti-LGBTQ law. 

The bank's team visited Uganda right after the law was passed and found that more steps were necessary to ensure that projects followed the bank's environmental and social standards. 

The bank stated that no new funding will be considered until the effectiveness of these additional measures is assessed. 

The bank believes that the Anti-Homosëxuality Act in Uganda goes against its values, emphasizing that its mission to reduce poverty and create a sustainable world can only be achieved by including everyone regardless of their race, gender, or séxual orientation.

Comment On Story

Abusive or Prohibited content won't be published.

Previous Post Next Post