to suspend new funding in response to a harsh anti-LGBTQ law and vowed to find alternative sources of credit.
The World Bank said on Tuesday that the law, which imposes the death penalty for certain same-sex acts, contradicted its values and that it would pause new funding until it could test measures to prevent discrimination in projects it finances. Museveni said in a statement that Uganda was trying to reduce borrowing in any case and 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.
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Source: ReutersAfrica - 🏆 31. / 53 Read more »
Source: ReutersAfrica - 🏆 31. / 53 Read more »