World Bank Takes Stand Against Uganda's Anti-LGBTQ Law

The World Bank has announced that it will halt new loans to Uganda due to the country's controversial anti-LGBTQ law, stating that it contradicts the lender's values of inclusion and non-discrimination. The bank will review measures to protect sexual and gender minorities in its projects and increase monitoring and grievance redress mechanisms. The law imposes severe penalties, including capital punishment, for homosexuality-related offenses. The US has already imposed travel restrictions on Ugandan officials in response to the legislation. Despite the pause on financing, the World Bank remains committed to assisting Uganda in poverty reduction and improving lives.