Kabul (BNA) The World Bank plans to return $600 million of frozen assets to Afghanistan.
BNA, the World Bank accepted an offer to transfer part of Afghanistan’s assets to the country.
In total, the World Bank froze more than $1.5 billion in the Afghanistan Reserve assets, of which $180 million has recently released for humanitarian determinations.
The World Bank now plans to transfer another $600 million from the Afghanistan Reconstruction Trust Fund to the country.
The World Bank delegation is planned to consider the proposal in March, and the final decision on the disbursement will be made by donors to the Afghanistan Reconstruction Trust Fund, Reuters reported.
This amount is to be used by an international organization to address the economic crisis and education in Afghanistan.
The World Bank currently manages the Afghanistan Reconstruction Trust Fund. Earlier, the World Bank announced that donors from the Afghanistan Reconstruction Trust Fund had agreed to transfer $280 million of the frozen funds to the World Food Programme, the United Nations Children’s Fund and to provide food and health care to Afghanistan.
It is mentionable that along with the World Bank, the United States has frozen $9.5 billion and has now decided to raise $3.5 billion of those billion dollars in compensation to the victims of the September incident, which is strongly objectified by the world and citizens of Afghanistan.
It’s noteworthy mentioning that the United Nations has declared Afghanistan as a country that is facing the problem of cash due to lack of physical money.
Bakhtar News Agency
