Ugandan leader defiant after World Bank cuts off loans over anti-LGBTQ law
World Bank said on Tuesday that Uganda's Anti-Homosexuality Act, which imposes the death penalty for certain same-sex acts, contradicted its values.The bank will not consider new public financing for Uganda until it can be sure that projects it finances in the country do not discriminate against sexual and gender minorities, it said.In a statement on Wednesday night, Museveni said that Uganda would not give in to pressure from foreign institutions."It is, therefore, unfortunate that the World Bank and other actors dare to want to coerce us into abandoning our faith, culture, principles and sovereignty, using money.
They really underestimate all Africans," he said.Museveni said that Uganda had other sources for loans and was trying to reduce borrowing in any case.
While the president said that oil production expected to start by 2025 would provide additional revenues, he added he hoped the World Bank would reconsider its decision.The bank's move will force Uganda to revise its budget.
The government will shortly ask parliament to vote on a revised 2023-2024 plan to reflect the potential financial impact of the lending suspension, junior finance minister Henry Musasizi told parliament on Thursday.The World Bank has an existing portfolio of $5.2 billion (€4.7 billion) in Uganda, although projects already underway will not be affected.Uganda's health ministry, which is among recipients of the World Bank funds, issued a circular after its announcement reiterating that no one should be denied medical services.The ministry said that healthcare providers and workers were "not to discriminate, stigmatise any individual who seeks health care for any reason, gender, religion, tribe, economic or social status or sexual.
