A bank spokesman said Thursday the loan was intended to help the East African nation strengthen its health systems.
He said the bank division that lends to the private sector wants to ensure that the development objectives of the project would not be adversely affected by the enactment of the new law.
President Yoweri Museveni signed the bill on Monday, saying he wanted to deter Western groups from promoting homosexuality in Africa.
It calls for life in prison for those convicted of engaging in gay sex.
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