In an Aug. 8 statement, the financial institution confirmed the move, saying that Uganda's Anti-Homosexuality Act 2023 "fundamentally contradicts the WBG's values." The statement continued: "We believe our vision to eradicate poverty on a livable 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."
According to the WBG, it sent a team to Uganda after the law was passed in March. The team sought to ensure that the law did not impede the organization's goal to "protect sexual and gender minorities from discrimination and exclusion" in the projects it finances. Its review found that "additional measures" must be put in place for projects "in alignment with our environmental and social standards."
"As a result, no new public financing to Uganda will be presented to our board of executive directors until the efficacy of the additional measures has been tested," the WBG said. "Third-party monitoring and grievance redress mechanisms will significantly increase, allowing us to take corrective action as necessary."
Uganda has received over $2.5 billion in aid from the WBG's International Bank for Reconstruction and Development and the International Development Association since 1960. Hundreds of millions of dollars pour into the East African nation every year to fund a wide variety of projects.
The Anti-Homosexuality Act 2023, which imposes heavy penalties f0r homosexual acts, had been criticized by the U.S. and many other Western nations. Even U.S. President Joe Biden chimed in, warning that Washington will cut off aid and investment to Kampala unless the law was repealed.
"This shameful act is the latest development in an alarming trend of human rights abuses and corruption in Uganda," Biden said, calling the new law a "tragic violation of universal human rights."
But Ugandan President Yoweri Museveni begged to differ. He told the international community to let Ugandans decide how they want to shape their society.
"We do not need pressure from anybody to know how to solve problems in our society," Museveni said in a statement. "I want to inform everybody, starting with Ugandans, that Uganda will develop with or without loans."
According to the Ugandan leader, he had "patiently explained" that the new law targets those "who recruit or coerce others" into homosexuality. He accused the WBG of using financial pressure to force Ugandans to abandon their values. (Related: World Bank caught funneling cash to sanctioned Chinese companies tied to the CCP, human rights abuses.)
"It is therefore unfortunate that the [WBG] and other actors dare to want to coerce us into abandoning our faith, culture, principles and sovereignty using money. They really underestimate all Africans."
Museveni added that he and Ugandan Information Minister Chris Baryomunsi are negotiating with the WBG to reverse the loan freeze. The minister stressed that the WBG and other parties "should be reminded" of Uganda's sovereignty and that it "takes decisions in the interests of her people" as evidenced by the passing of the Anti-Homosexuality Act 2023.
Given the WBG's move, Uganda's Ministry of Finance, Planning and Economic Development warned that government salaries will probably be impacted.
Ugandan Finance Minister Henry Musasizi told lawmakers at the country's unicameral parliament: "I want to prepare your minds that very soon we are going to revise the budget and we shall be coming to you for support. We took the firm decision, and we agreed that we shall face the consequences."
Visit Resist.news for more stories about Uganda resisting the LGBT mafia through the Anti-Homosexuality Act 2023.
Watch Ugandan President Yoweri Museveni denouncing gays as "disgusting" below.
This video is from the Puretrauma357 channel on Brighteon.com.