Ugandan President Yoweri Museveni attends a session of the Russia-Africa summit in Saint Petersburg, Russia, July 28, 2023. The World Bank said on Tuesday that the law, which imposes the death penalty for certain same-sex acts, contradicted its values and that it would pause new funding until it could test measures to prevent discrimination in projects it finances. The World Bank has an existing portfolio of $5.2 billion in Uganda, although these projects will not be affected. "It is, therefore, unfortunate that the World Bank and other actors dare to want to coerce us into abandoning our faith, culture, principles and sovereignty, using money. He added he hoped the World Bank would reconsider its decision.

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Persons: Yoweri Museveni, Mikhail Tereshchenko, Museveni, Henry Musasizi, Musasizi, Joe Biden, Elias Biryabarema, Hereward Holland, George Obulutsa, Aaron Ross, Bernadette Baum, Tomasz Janowski Organizations: Agency, REUTERS, Bank, World Bank, Thomson Locations: Russia, Africa, Saint Petersburg, KAMPALA, Uganda, Western, United States