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Independent AfricaMuseveni criticises the "insufferable" World Bank once more

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Museveni criticises the “insufferable” World Bank once more

Yoweri Museveni, president of Uganda, has once more denounced the World Bank’s decision to stop providing funds, stating that the institution is misguided if it believes that the action will scare Ugandans.

He said this in a statement on his X (formerly Twitter) account.

The World Bank was described by Mr. Museveni as “shallow and intolerable imperialist actors who do not know where to stop” on Thursday.

The World Bank cut off funds to Uganda last week.

due to a contentious anti-homosexuality law that was approved in May and went against the principles of the World Bank.

The law has garnered criticism from all over the world for its severe penalties, which include imprisonment or execution for those who commit specific same-sex behaviours.

Last week, Mr. Museveni responded to the World Bank by accusing it of trying to force Uganda to change the legislation by stopping funds, but he said that Uganda will still advance even without the World Bank’s assistance.

Mr. Museveni reaffirmed on Thursday that the financial withdrawal will not stop Uganda’s economic progress. The World Bank’s dramatic action, he said, would actually help Uganda’s efforts to lower its external debt and increase its independence.

Even while Uganda still has a number of Western supporters, Mr. Museveni claimed that they are afraid to continue their support for his country.

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