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Ugandans will develop with or without loans’- Museveni reassures after World Bank statement

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KAMPALA, (UGANDA): President Yoweri Museveni on Wednesday accused World Bank of using money to try to “coerce” the government over its controversial anti-gay legislation.

The President’s comments followed an announcement by the US-based global lender on Tuesday that it was suspending new loans to the East African country over what they considered to be among the world’s harshest laws targeting LGBTQ communities.

In a statement that attracted global concern, World Bank said that Uganda’s Anti-Homosexuality Act “fundamentally contradicts” the institution’s values and that no new public financing would be presented to its board of directors for approval for the time being.

However, speaking out in reiteration with the World Bank statement, H.E. Museveni, who signed the country’s Anti-Gay Law in May, posted via X (formerly Twitter) on Wednesday saying; “Ugandans will develop with or without loans”.

PPU – STATEMENT BY H.E THE PRESIDENT ON WORLD BANK LOANS

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