Last week, the World Bank announced that it would suspend new lending to Uganda in light of the country passing its Anti-Homosexuality Act, which the bank said “fundamentally contradicts our values”.
In response, president Yoweri Museveni accused the bank on X (formerly Twitter) of coercing Uganda into “abandoning our faith, culture, principles and sovereignty using money”. and claiming that the country “will develop with or without loans”.
It’s true that the World Bank’s decision will likely have little effect on the political elite who passed the bill. But ordinary Ugandans will suffer, particularly the queer people that the bank seems to be advocating for.