Browsing: anti-LGBTQ law

  • The World Bank Group has suspended new loans to Uganda in response to the country’s Anti-Homosexuality Act.
  • Uganda’s anti-LGBTQ law, with its provisions carrying the death penalty for “aggravated homosexuality,” is sparking global concern.
  • The World Bank provided $5.4 billion in International Development Association financing to Uganda by the end of 2022.

In a significant move, the World Bank announced on Tuesday its decision to suspend new lending to the Ugandan government. This decision comes in response to the Ugandan government’s enactment of an anti-LGBTQ law. The law is still garnering widespread condemnation from numerous countries and international organizations, including the United Nations. The bank’s stance is rooted in the belief that this law directly contradicts its core values and principles.

The World Bank’s social standards

Promptly after the anti-LGBTQ law was implemented in May, a World Bank team embarked on a fact-finding mission to Uganda. The team’s assessment concluded …