The GROW Project, aimed at supporting women entrepreneurs, faced scrutiny due to under-absorption of funds, with only Shs18.52 billion out of Shs75.1 billion spent, affecting the provision of credit to financial institutions. Concerns were raised by Members of Parliament regarding fund distribution, requirements for accessing funds, and the commitment of participating banks. The project coordinator noted that 2,175 women had benefited from grants in various sectors, with plans to prioritize funds for underserved districts in the next financial year.
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World Bank U-turn ends loan ban to Uganda over gay rights
The World Bank has lifted a two-year ban on loans to Uganda, imposed after the country enacted severe anti-LGBTQ legislation, including potential death sentences for certain same-sex acts. Despite reports of increased violence and discrimination against LGBTQ individuals following the law's passage, the World Bank is optimistic about implementing funding without harming marginalized communities, focusing on social protection and education projects. Critics argue that the law distracts from pressing issues like unemployment and that the...
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