🇺🇬 World Bank says Uganda's anti-LGBTQ law violates its values
The World Bank said on Tuesday it would halt new lending to the Ugandan government after concluding that its anti-LGBTQ law.
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.
"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," the bank said. "Uganda's Anti-Homosexuality Act fundamentally contradicts the World Bank Group's values. We believe our vision to eradicate poverty on a livable planet can only succeed if it includes everyone irrespective of race, gender, or sexuality," the bank added.
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