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World Bank Warns Uganda Agent Law Threatens $4.57 B Portfolio

4/29/2026

Summary

Story summary

The World Bank warned in a letter dated April 23 that Uganda’s proposed foreign-agent law could criminalise its routine development work and expose its $4.57 billion portfolio to liability.
Uganda’s parliament is reviewing the bill, introduced on April 15 by President Yoweri Museveni, which would label foreign-funded recipients as agents and impose fines or up to 20-year prison terms.
Information Minister Chris Baryomunsi dismissed the bank’s concerns as unwarranted.

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Story summary

The World Bank warned in a letter dated April 23 that Uganda’s proposed foreign-agent law could criminalise its routine development work and expose its $4.57 billion portfolio to liability.
Uganda’s parliament is reviewing the bill, introduced on April 15 by President Yoweri Museveni, which would label foreign-funded recipients as agents and impose fines or up to 20-year prison terms.
Information Minister Chris Baryomunsi dismissed the bank’s concerns as unwarranted.