REUTERS NEXT - Uganda central banker sees progress in talks with World Bank over anti-gay law

The World Bank in August halted all new lending to Uganda over the country's anti-LGBTQ+ law, which is considered the harshest in the world. Speaking at the Reuters NEXT conference in New York, Atingi-Ego said that the World Bank statement had caused the country's currency to depreciate.

REUTERS NEXT - Uganda central banker sees progress in talks with World Bank over anti-gay law

By Andrea Shalal NEW YORK, Nov 9 (Reuters) -

Uganda has made good progress in talks with the World Bank over its anti-gay law, the country's central bank deputy governor said. The World Bank in August halted all new lending to Uganda over the country's anti-LGBTQ+ law, which is considered the harshest in the world.

Speaking at the Reuters NEXT conference in New York, Atingi-Ego said that the World Bank statement had caused the country's currency to depreciate. He said the government has been speaking to the World Bank ever since to understand their concerns.

While he would not commit to there being a resolution by the end of the year, he said they were making good progress. (Editing by Leela de Kretser; Editing by Mark Porter)

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.