The World Bank on Thursday delayed a planned $90 million loan which was meant to help Uganda improve its healthcare system over the country’s enactment of an anti-gay law which the international financial institution regarded as harsh.

“We have postponed the project for further review to ensure that the development objectives would not be adversely affected by the enactment of this new law,” said David Theis World Bank’s spokesman.

The executive board of the World Bank was scheduled to approve Ugandan health project on Thursday. The $90 million loan was meant to supplement a loan that focused on newborn care, maternal health and family planning, given in 2010.

President of Uganda, Yoweri Museveni earlier this week signed an anti-gay bill into law, imposing a life sentence for certain violations and making anyone who does not report offenders as liable to prosecution.

Already, one of the country’s largest donors US said it will review its relationship with Kampala following the new law. US provides $400 million in aids to Uganda annually.

Norway and Denmark had already made moves to freeze or change aid programs for Uganda.

Uganda relies on foreign donors for over 30 percent of its annual budget. The East African country however remained unfazed by threat from donors, with the government spokesman Ofwono Opondo brushing off foreign criticism.

“The West can keep their ‘aid’ to Uganda over homos, we shall still develop without it,” Opondo said via Twitter.

Uganda’s shilling currency fell sharply following the West’s fury at Uganda over the new law. The fall prompted the country’s central bank to intervene for two days in a row.

How Uganda will fair during this shortfall in aids remains to be seen. But Russia may be on hand to help as it shares similar view on homosexual relations.

Although, there are currently no laws prohibiting discrimination on the basis of sexual orientation in Russia, there exist other laws which are regarded as anti-gay propaganda by the international community.

Museveni will hope Russia rises up to the occasion as he remains resolute to resist foreign pressure to go back on the country’s new law.

“Russia has worked in Africa since 1917, meaning they have been here for more than 100 years. I want to work with Russia because they don’t mix up their politics with other country’s politics,” Mr Museveni said.