The World Bank issued a statement on 8 August 2023, announcing that it had effectively suspended all new public financing to Uganda over concerns with the country’s anti-homosexuality law, which “fundamentally contradicts the World Bank Group’s values”.
According to Human Rights Watch, the anti-homosexuality act violates multiple fundamental rights guaranteed under Uganda’s constitution and a number of international human rights agreements which the government of Uganda has signed. The act was first proposed in March 2023, and adopted by the Ugandan parliament in early May.
The World Bank, and the diplomatic and donor community writ large, follow closely what happens in Ugandan politics.