Uganda Will Develop With or Without World Bank Loans – Museveni

President Yoweri Museveni has responded to the World Bank decision to suspend any future requests for loans by Uganda following the enactment of the anti-homosexual act.

In a letter this evening, the president noted that Uganda has the potential to develop without loans from ‘that bank’.

Below is the letter from the president:

Ugandans, especially the Bazzukulu.

Greetings. Things are moving well in Uganda in spite of the corruption of some Public Servants and some elements of the political class.

Last night, an official from the World Bank rang me to alert me about the statement from that Bank regarding the suspension of any new requests from Uganda for loans.

I want to inform everybody, starting with Ugandans, that Uganda will develop with or without loans.

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. They really under-estimate all Africans.

We do not need pressure from anybody to know how to solve problems in our society. They are our problems.

We are continuing to talk to with the World Bank so that both they and we avoid this diversion if possible.

Signed:
Yoweri K. Museveni
Gen(rtd)

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