Uganda President Remains Defiant as World Bank Suspends Funding over LGBTQ Law

Uganda's President Yoweri Museveni has criticized the World Bank's decision to suspend new funding in response to Uganda's harsh anti-LGBTQ law, which includes the death penalty for certain same-sex acts. Museveni vowed to find alternative sources of credit and stated that Uganda would not give in to pressure from foreign institutions. The World Bank's existing portfolio of $5.2 billion in Uganda will not be affected by the funding suspension. Museveni expressed hope that the World Bank would reconsider its decision, while the government plans to revise its budget to absorb the potential financial impact of the lending suspension.