A new study shows concerns over the economic consequences in Kenya in the event the government enacts legislation against Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ). These studies show that Kenya risks serious economic ramifications estimated at Ksh4.186 trillion ($28.13 billion), if President William Ruto approves to the Family Protection Bill fronted by Homa Bay Member of Parliament Peter Kaluma.
The Bill proposes a ban on homosexuality, same-sex marriages and any indication of LGBTQ activities in the country, with imprisonment extending to 50 years for non-consensual same sex acts.
By prohibiting the promotion of LGBTQ in the country, Kaluma’s Bill suggests the quelling of its promoters and funding by various groups.
Economist and social scientist Professor Fred Ogola explained the potential approval of anti-LGBTQ laws brings along numerous implications on Monday while launching a report.
“Kenya depends a lot on foreign donors, especially the European Union and USA. These donors have given pre-conditions for their continuous support and one of their conditions unfortunately, is support for the LQBTQ which is presented as equal protection and non-discrimination of each individual irrespective of race, ethnicity, religion, sexual orientation, gender,” Ogola said.
“Violating any of these conditions may lead to withholding of financial support. Therefore, if the bill is signed into law, Kenya must be ready to lose around Ksh4.186 trillion,” he added.
However, despite of these risks being displayed, On Tuesday, March 21, Ugandan parliament passed a new bill in Uganda that could sentence LGBTQ members to up to 10 years in prison for simply not being heterosexual.
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