Western anger over the newly signed anti-homosexuality law in Uganda has triggered a sharp fall in Uganda’s shilling currency, leading the central bank to intervene for two days in a row.
By Melanie Nathan, February 27, 2014.
Reuters is reporting that the World Bank has postponed a $90 million loan to Uganda’s health system over the Anti-homosexuality Bill which has toughened punishment for Uganda’s LGBT community, in what they describe as “an unusual move for an institution that typically avoids wading into politics.”
“We have postponed the project for further review to ensure that the development objectives would not be adversely affected by the enactment of this new law,” World Bank spokesman David Theis said in an email.
The World Bank, a poverty-fighting institution based in Washington, usually refrains from getting involved in countries’ internal politics or in issues such as gay rights to avoid antagonizing any of its 188 member countries.
World Bank President Jim Yong Kim, however, sent an email to bank staff saying the bank opposes discrimination, and would protect the safety of all employees.
He said passage of the Ugandan law was not an isolated incident, as 83 countries outlaw homosexuality and more than 100 discriminate against women.
“In the coming months, we will have a broad discussion about discrimination with staff, management, and our Board on these issues,” Kim said in the email obtained by Reuters. “Now is the right moment for this conversation.”
The bank still has a $1.56 billion portfolio of projects in Uganda, which it ranks as one of the world’s poorest countries.
The loan postponement follows the announcement by Norway and Denmark that they would hold back donations to Uganda because of the law. Other donors have also threatened to follow suit, and the United States said it was reviewing ties.
The United States is the World Bank’s biggest member.
Western anger over the anti-homosexuality law has triggered a sharp fall in Uganda’s shilling currency, leading the central bank to intervene for two days in a row.
The World Bank’s executive board had been set to approve the Ugandan health project on Thursday. The money was meant to supplement a 2010 health loan that focused on maternal health, newborn care and family planning. (Reporting by Anna Yukhananov; Editing by Mohammad Zargham)
“I would urge other companies worldwide to follow suit.” By Melanie Nathan, Dec 24, 2013, 8:41 am. Richard Branson, was about to do business with Uganda when he changed his mind. The Virgin founder said Uganda must abandon the recently passed Anti-Homosexuality Bill, which would make homosexuality punishable by up to life in prison. Unless the […]
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U.S. Ambassador slams Ugandan Government for Anti-gay Bill
Horror at Red Pepper Tabloid for Inciting Death of Gays
By Melanie Nathan, February 26, 2014.
The U.S. Ambassador to Uganda has in an interview with the BBC expressed a passionate condemnation of Uganda’s Anti-Homosexuality law.
Hear his interview below, where US ambassador to Uganda, Scott DeLisi, tells #BBCNewsday Uganda should repeal its new anti-gay law and notes for the record, the United States will bar all haters from receiving visas to the United States, noting that those who promulgate hate and incite violence READ MORE