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Saturday, November 23, 2024

Home Afghanistan World Bank announces $1 billion in aid to Afghanistan

World Bank announces $1 billion in aid to Afghanistan

by Web Desk Staff
March 2, 2022
in Afghanistan

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The World Bank announced more than $1 billion in aid to Afghanistan from its frozen assets.

The announcement came in a statement released by the World Bank. It said that the aid would be given in the shape of grants aimed to support the delivery of essential basic services to protect vulnerable Afghans, help preserve human capital and key economic and social services, and reduce the need for humanitarian assistance in the future.

The #WorldBank announced more than $1 billion in humanitarian aid for #Afghanistan on Tuesday, stating that it will go to #UN agencies and international #NGOs and will "remain outside the control of the interim #Taliban administration."https://t.co/WCW2cG5Ld5

— CGTN BIZ (@CGTNGlobalBiz) March 2, 2022

Moreover, the statement also said that the aid will go to UN agencies and international NGOs while remaining “outside the control” of the country’s Taliban rulers.