Exclusive: 492 development projects worth 176 billion afghanis in limbo
KABUL (SW) – Close to 500 development projects worth around 176 billion afghanis are in limbo amid suspension of fundings by donors and international community
Tag: World Bank
Dependency on aid making GDP growth impossible
KABUL (SW) – According to the World Bank report, in the last six years, Afghanistan’s GDP has decreased by more than six billion US dollars and
Needy Afghans at a tipping out, warns the UN
KABUL (SW) – Needy Afghans in various parts of the war-ravaged country have reached a tipping out amid the harsh winter, warned the United Nations
WB announces $150 million for rural families in Afghanistan
MONITORING (SW) – A critical $150 million dollar lifeline for rural families in Afghanistan has been announced by the World Bank, part of an overall package of $195 million, for critical livelihood and life-saving assistance, the UN agriculture agency FAO.
World Bank resumes work on three projects in Afghanistan
MONITORING (SW) – The World Bank has resumed work on three projects in Afghanistan focused on health, agriculture and livelihoods, but will maintain a hold on some $150 million for education projects, reported Reuters.
Isolation of economy leading to extremism threats to Afghanistan, region
MONITORING (SW) – The isolation of the Afghan economy following last August’s political crisis risks erasing development gains achieved over the past two decades, leading to grave poverty, displacement, fragility, and extremism threats to Afghanistan, the region, and the world, says the World Bank’s new Afghanistan Development Update.
Fears raised over delays in execution mega development period
KABUL (SW) – Business community and analysts fear delays in the implementation of mega development projects might risk the entire execution operations for a longer period in Afghanistan.
$1 billion from the ARTF to be given to NGOs in Afghanistan
MONITORING (SW) – The World Bank Board of Executive Directors has approved an expanded approach to support the people of Afghanistan based on the request of Afghanistan Reconstruction Trust Fund (ARTF) donors and the international community.
Donors eye Dec. 10 decision on shifting frozen funds for Afghanistan
MONITIRING (SW) – Donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) have agreed to decide about a transfer of funds to humanitarian aid agencies by Dec. 10, a World Bank spokesperson said on Friday.
WB to deliver $500M from a frozen Afghanistan aid fund
MONITORING (SW) – The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid fund to humanitarian agencies, people familiar with the plans told Reuters, but it leaves out tens of thousands of public sector workers and remains complicated by U.S. sanctions.
Afghanistan faces a sluggish economic recovery
Afghanistan faces a sluggish economic recovery from COVID-19 amid continued political uncertainties and possible decline in international aid, says the World Bank in its latest country update.
WB allocates $25m to promote primary education in Afghanistan
MONITORING (SW) – The World Bank has approved the allocation of an additional $25 million in financing from the Global Partnership for Education (GPE) to increase equitable access to primary and secondary education in Afghanistan, particularly for girls.
