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World Bank Stops Loan Disbursement To Uganda Over Anti-homosexuality Law - Business - Nairaland

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World Bank Stops Loan Disbursement To Uganda Over Anti-homosexuality Law by Oluchi54: 2:56pm On Aug 09, 2023
World Bank has halted loan discussion and disbursement to Uganda’s government due to the East African country’s Anti-Homosexuality Act 2023.

In May, Uganda’s President Yoweri Museveni signed a bill criminalizing homosexuality or same-sex conduct in the country.


Anti-Homosexuality Act 2023 signed by Museveni also threatens the death penalty for persons convicted of homosexuality. Since the bill became law, there have been mixed reactions towards the decision.

In a statement released on Tuesday, the World Bank said it is concerned that the law will prevent persons involved in same-sex relationship will not benefit from projects financed by the global financial institution.

To read more, click on the link below
https://www.primebusiness.africa/world-bank-stops-loan-disbursement-to-uganda-over-anti-homosexuality-law/

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