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The World Bank has announced it will halt new loans to Uganda over the country’s controversial anti-LGBTQ law.
The Washington, DC-based lender said on Tuesday it would pause project financing pending a review of measures it introduced to protect sexual and gender minorities from discrimination and exclusion in its projects.
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World Bank halts new loans to Uganda over anti-LGBTQ law
US-based lender says controversial anti-gay law contradicts its values.
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The World Bank has said inclusion and non-discrimination sit at the heart of its work around the world [File: Elizabeth Frantz/Reuters]
Published On 9 Aug 2023
9 Aug 2023
The World Bank has announced it will halt new loans to Uganda over the country’s controversial anti-LGBTQ law.
The Washington, DC-based lender said on Tuesday it would pause project financing pending a review of measures it introduced to protect sexual and gender minorities from discrimination and exclusion in its
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“Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values,” the lender said in a statement.
“We believe our vision to eradicate poverty on a livable planet can only succeed if it includes everyone irrespective of race, gender, or sexuality. This law undermines those efforts. Inclusion and non-discrimination sit at the heart of our work around the world.”
The lender will also increase third-party monitoring and grievance redress mechanisms “allowing us to take corrective action as necessary,” it said.
The World Bank Group said in May that the law was not consistent with the lender’s values and that it was “highly concerned” about its adoption.
