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Virus-hit Afghanistan gets $200m WB grant

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Observer Report

Kabul

The World Bank has approved $200 million in aid to help Afghanistan tackle economic losses from the coronavirus pandemic, as confirmed cases top more than 34,000 in the conflict zone.
The country’s war-ravaged economy has been severely impacted due to a months-long lockdown, with thousands of people losing their jobs in the economic fallout.
“The programme will provide vital fiscal resources to manage the impacts of the pandemic in the context of rapidly slowing economic growth and declining government revenues,” Henry Kerali, the World Bank head for Afghanistan said in a statement.

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