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Home » News » Museveni sustains attacks on ‘insufferable’ World Bank

Museveni sustains attacks on ‘insufferable’ World Bank

Last updated: August 18, 2023 1:08 pm
David Osoro 3 years ago
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2 Min Read
Uganda President Yoweri Museveni
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President Yoweri Museveni of Uganda has once again voiced his criticism of the World Bank’s decision to withdraw funding, asserting that the organization is mistaken if it believes this action will intimidate the Ugandan people.

In a statement shared on his Twitter account Thursday, Museveni characterized the World Bank as “superficial and unbearable imperialist actors who lack restraint.”

The World Bank suspended funding to Uganda last week due to the controversial anti-homosexuality law passed in May, which conflicted with the organization’s core values. The law has drawn global condemnation for its severe penalties, including imprisonment or death for certain same-sex acts.

https://twitter.com/KagutaMuseveni/status/1692153176072327207

Responding to the World Bank’s decision, Museveni accused the institution of attempting to pressure Uganda into reversing the law by halting financial support. However, he emphasized that Uganda would continue its development endeavors even without the World Bank’s assistance.

In his recent statement, President Museveni reiterated that the withdrawn funding would not hinder Uganda’s economic progress. He contended that the World Bank’s dramatic step would actually contribute to Uganda’s efforts to decrease external debt and foster greater self-reliance.

Furthermore, Mr. Museveni underscored that Uganda maintains a number of Western allies, although he noted that they might be apprehensive about sustaining their support for the country.

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