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According to the World Bank, the Act is in direct contradiction with its values.
MPs share a concern that Uganda’s future remains uncertain with the World Bank withdrawing its aid. However, they noted that despite their worry, they do not regret passing the law apparently aimed at preserving Uganda’s values.
MP Asuman Basalirwa of Bugiri Municipality, the mover of the law advised the government to consider the Middle East for aid. He said the region offers cheaper loans with less strings attached.
“We were representing the views and interests of the people of Uganda. This has been the most popular bipartisan piece of legislation in the history of parliament of Uganda,” Basalirwa said.
He added saying that one can never regret doing the right thing.
About two days ago, the US based World Bank announced its halting of financial aid to Uganda. The decision came after the country’s passing of the controversial anti-Homosexuality Act, 2023.
However though, President Museveni has since reassured Ugandans that even without loans, the country will still develop.
Check also;
- World Bank Suspends New Loans To Uganda Due To Controversial Anti-LGBTQ
- Google, Facebook And Microsoft Say Uganda’s Anti-LGBTQ Law Bad For Business
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
