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World Bank Funding $1 Billion to Support Afghanistan

KABUL (BNA) Based on the request of Afghanistan reconstruction trust fund (ARTF) the executive board of the World Bank on Tuesday approved a plan to use more than $1 billion from Afghanistan trust fund to finance urgently needed education, agriculture, health and family programs, the bank announced.

The World Bank grants to be used through the Afghanistan Reconstruction Fund and international organizations.

The approach “aims to support the delivery of essential basic services, protect vulnerable Afghans, help preserve human capital and key economic and social services, and reduce the need for humanitarian assistance in the future,” the bank said in a statement.

According to reports, The World Bank statement said that as a first step, ARTF donors will decide on four projects worth about $600 million that will support “urgent needs in education, health and agricultural sectors, as well as community livelihoods.”

These one billion dollars is apart from the aid promised by countries and international organizations to help Afghans.

Along rising unemployment, poverty and hunger, many challenges are facing the people of Afghanistan.

World Food Organization says more than 23 million people in Afghanistan are malnourished and in need of immediate assistance.

Bakhter News Agency

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