The World Bank has rendered an explanation as to why Uganda’s anti-LGBTQ bill contravenes its principles.
Unfortunately the institution has made a decision to halts financial aids to Uganda as a result of their stance on LGBTQ.
Details of the statement are here below:
In relation to Uganda, the World Bank Group has issued the subsequent communication:
The principles upheld by the World Bank Group are in direct contrast to Uganda’s Anti-Homosexuality Act.
Our conviction is that our mission to eliminate poverty on a sustainable planet can only prosper if it encompasses individuals of all backgrounds, regardless of race, gender, or sexual orientation.
This legislation undermines the strides we are making in this direction. Our endeavors worldwide are rooted in the ideals of inclusivity and non-discrimination.
Upon the immediate enactment of this law, the World Bank promptly dispatched a team to Uganda for the purpose of assessing our ongoing initiatives in light of this new legal framework.
The outcome of this evaluation has determined the necessity for supplementary actions to ensure that our projects adhere to our established environmental and social standards. Our objective revolves around safeguarding sexual and gender minorities against biases and exclusions within the projects we financially support. Deliberations are currently underway with the relevant authorities to implement these actions.
We shall withhold the presentation of any fresh public funding for Uganda to our Board of Executive Directors until the effectiveness of these supplementary measures has been verified.
To a significant degree, the introduction of external oversight and mechanisms for addressing grievances will empower us to take remedial measures whenever deemed necessary.
The World Bank Group boasts a longstanding and mutually beneficial rapport with Uganda. Our commitment to aiding all Ugandans in their pursuit of escaping poverty, accessing essential services, and enhancing their quality of life remains unwavering, encompassing each and every individual without exception.