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Uganda can live without World Bank Funds Museveni says.

Bruce Bahanda by Bruce Bahanda
August 10, 2023
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By Chris Muhizi for MCN.

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Uwari uhetse kwica abatabazi bari i Mulenge yatawe muri yombi

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Banyamulenge Unite in Mbarara to Honor Mulenge Hero Rukunda Makanika

The World Bank had halted any further funding for projects in Uganda due to alleged human rights abuses resulting from the recently passed anti-homosexuality law.

Yoweri Museveni, the president of Uganda, said on Wednesday that his country could live without loans from the World Bank, which had suspended funding in response to Kampala’s anti-homosexuality law.

Instead, Museveni said that the Bank was using its project funds to persuade African nations into eliminating their cultural traditions, something he insisted he would not do.

He wrote in an X post, “I want to inform everyone, starting with Ugandans, that Uganda will develop with or without loans.

“It is regrettable that the World Bank and other players dare to attempt to use financial pressure to compel us to renounce our faith, culture, ideals, and sovereignty. They seriously undervalue all Africans.

According to a statement from the Bank, more funds would be delayed until Ugandan authorities develop suitable policies to safeguard minorities, including lesbian, homosexual, bisexual, transgender, and other groups referred to as LGBTQ+.

“The World Bank Group’s values are fundamentally at odds with Uganda’s Anti-Homosexuality Act. We think that in order for us to achieve our goal of ending poverty on a livable planet, everyone must be included, regardless of race, gender, or sexual orientation, the Bank stated on Tuesday.

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Bruce Bahanda

Bruce Bahanda

Amakuru yizewe Kandi azira igihe ntahandi wayasanga atari kuri Minembwe Capital News. Tubagezaho Amakuru yomubiyaga bigari ndetse nohirya nohino kw'Isi. Murakaze neza mwese Kuri Minembwe Capital News.

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