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Next version
Version 9 | Version 10 |
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Africa Live: Ghana's finance ministry warns against anti-LGBT bill - BBC News | |
(32 minutes later) | |
Thomas Naadi | |
BBC News, Accra | |
Ghana's ministry of finance has advised against the controversial anti-LGBTQ+ bill, saying it could see the West African country lose almost $3.8bn (£2.9bn) in World Bank funding over the next five years. | |
The draconian bill, which prescribes a three-year jail term for people who identify as LGBT+ and five years for promoting their activities, was passed by | |
parliament last week. | |
The ministry of finance has recommended that President Nana Akufo-Addo does not sign the bill | |
into law until the country’s Supreme Court rules on whether it aligns | |
with Ghana’s constitution or not. | |
In a statement issued on Monday, the finance ministry said Ghana could lose about $850m in support this year alone. | |
Officials say this would negatively impact an already struggling economy, reduce the | |
country’s foreign reserves, and affect exchange rate stability. | |
Ghana | |
is under a three-year IMF bailout support programme, and there are concerns | |
that any shortfall in funding from the World Bank and other donors could derail the economic recovery. | |
The bill has been widely condemned by | |
the UK and the US, while rights groups have described it as regressive. | |
Ghana’s | |
president has seven days after receiving the bill to decide whether to assent | |
to it or not and 14 days to give reasons for his decision. | |
Mr Akufo-Addo is reported to be holding meetings with key ministries and | |
development partners to assessment the potential impact of the bill. | |
Human rights groups in Ghana have vowed to challenge the anti-LGBT legislation in | |
court. | |
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