World Bank U-turn ends loan ban to Uganda over gay rights
https://www.bbc.com/news/articles/cd62pn1l31xo
Posted by Alex09464367
World Bank U-turn ends loan ban to Uganda over gay rights
https://www.bbc.com/news/articles/cd62pn1l31xo
Posted by Alex09464367
2 comments
Fellas, is receiving money from the World Bank, gay?
interesting article, thanks for posting. i dont have much more to say on the matter, unfortunately
Currently the biggest investor in Uganda is China. Trade between the countries is aprox 1.5 billion.
China currently holds 23% of it’s debt, while World Bank holds around 40%.
China is currently involved in large infrastructure projects, having built the biggest dam, rail networks and road networks. And it is currently in talks to develop the mining and oil sectors.
The U-turn is nothing more than an attempt to counter China in Uganda and maintaining a hold over the decision process.
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