Museveni tells World Bank to go shove their loans!
Yoweri Museveni, the president of Uganda, retaliated against the World Bank when it cut off assistance due to the Anti-Homosexuality Act.
Museveni stated on Wednesday via his X account that Uganda doesn’t require outside pressure to figure out how to address societal issues.
“Ugandans will develop with or without loans. 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,”
The World Bank and Uganda are still in talks, according to Museveni, “so that they and we avoid this diversion if possible.”
The World Bank stated on Wednesday that the Anti-Homosexuality Act goes against its values and hinders the bank’s efforts to promote inclusivity.
“Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values. We believe our vision to eradicate poverty on a liveable planet can only succeed if it includes everyone irrespective of race, gender, or sexuality.
“This law undermines those efforts. Inclusion and non-discrimination sit at the heart of our work around the world. – World Bank”
The protection of sexual and gender minorities from prejudice and exclusion in projects they finance is the World Bank’s stated objective.
It stated that as soon as the law was passed, a team was sent to Uganda to assess their portfolio in light of the new regulations.
The evaluation found that further steps are required to guarantee that projects are carried out in accordance with the environmental and social requirements of the bank.
