World Bank halts new loans to Uganda over anti-gay law
Following the passage of the bill, the US State Department updated its travel advisory, telling citizens to “reconsider travel to Uganda due to crime, terrorism, and anti-LGBTQI+ legislation”
By News on the Net -- Insider Paper—— Bio and Archives--August 9, 2023
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The World Bank is pausing approval for new public finance projects in Uganda over the country’s adoption earlier this year of a widely criticized bill criminalizing same-sex conduct.
“Uganda’s Anti-Homosexuality Act fundamentally contradicts the World
Bank Group’s values,” the development lender said in a statement
Tuesday, adding that “no new public financing,” would be presented to
the bank’s board of directors for approval for the time being. ---More...
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