• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. Johannes P. Christo
A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. Johannes P. Christo
Home
World
Africa

World Bank says Uganda's anti-LGBTQ law violates its values

August 8th, 2023 | 19:41 PM WORLD Africa 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

AFRICA-FX-Ghana's currency back under pressure, Uganda's on front foot
Venezuelans and Cubans among deportees to Liberia under Trump deal, official says
South African rand flat as investors mull US Treasury move
South Africa's Exxaro half-year profit down 20%, cuts dividend
By Andrea Shalal, Kanishka Singh

The World Bank said on Tuesday that Uganda's anti-LGBTQ law, which has been condemned by many countries and the United Nations, contradicts the bank's values.

A World Bank team had traveled to Uganda immediately after the law was enacted to review the multilateral development bank's portfolio. That review determined that additional measures were needed to ensure projects were being implemented in line with the bank's environmental and social standards.

These measures were now under discussion with the authorities, but no new public financing projects would be presented to the World Bank's board of executive directors until "the efficacy of the additional measures has been tested," the World Bank said.

It said third-party monitoring and grievance redress mechanisms will be increased significantly, allowing the bank to take corrective action as necessary.

The World Bank said it remained committed to "helping all Ugandans — without exception — escape poverty, access vital services, and improve their lives."

The law was enacted in May and carries the death penalty for "aggravated homosexuality," an offense that includes transmitting HIV through gay sex.

The World Bank had provided $5.4 billion in International Development Association financing to Uganda by the end of 2022. That existing portfolio will continue to disburse, even as new lending is put on hold, a World Bank source said.

  • Topic
  • Uganda
  • LGBT/WORLD BANK (UPDATE 1)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article AFRICA-FX-Ghana's currency back under pressure, Uganda's on front foot

Related Posts

Africa
August 20th, 2026

AFRICA-FX-Ghana's currency back under pressure, Uganda's on front foot

Africa
August 20th, 2026

Venezuelans and Cubans among deportees to Liberia under Trump deal, offi...

Africa
August 20th, 2026

South African rand flat as investors mull US Treasury move

Africa
August 20th, 2026

South Africa's Exxaro half-year profit down 20%, cuts dividend

Africa
August 20th, 2026

Uganda eyes up to $242 million from Citibank for infrastructure project

Africa
August 20th, 2026

Dollar at three-month lows as Treasury takes aim at surging bond yields

The Wire
Aug 20th 4 h ago
Business

AI productivity gains may not curb inflation, IMF's Tenreyr...

Aug 20th 5 h ago
Aerospace & Defense

Latvia says drone in its airspace on August 14 was Ukrainia...

Aug 20th 5 h ago
India

Indian central bank deputy urges banks to improve retail fo...

Aug 20th 5 h ago
Baseball

Guardians chase elusive home series win in matchup vs. Gian...

Aug 20th 5 h ago
Americas

Brazil to keep fiscal framework, spending restraint under n...

TRENDING ON FINANCETIME
Aug 20th, 2026 Asia Pacific

Bangladesh elects ruling party veteran Alamgir as president

Aug 20th, 2026 Africa

AFRICA-FX-Ghana's currency back under pressure, Uganda's on front foot

Aug 20th, 2026 Soccer

How would a vote of no confidence work to oust FIFA president Infantino?

Aug 20th, 2026 Europe

Romania destroys marine drone near Neptun Deep gas project, minister says

Aug 20th, 2026 Baseball

Sal Stewart, Reds strive for edge in finale of 5-game series vs. Cards

Markets-Sectors
TELECOMMUNICATIONS SERVICES +0.03%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT