Business Standard

World Bank donors approve release of $280 million for Afghanistan

The World Bank donors approved to release $280 million for Afghanistan to address humanitarian issues

Afghans, Afghanistan, kabul

Afghans wait for hours to try to withdraw money, in front of Kabul Bank, in Kabul on Saturday, August 28, 2021. AP/PTI

ANI US

The World Bank donors on Friday (local time) approved to release USD 280 million for Afghanistan to address humanitarian issues.

The Afghanistan Reconstruction Trust Fund donors agreed to provide USD 280 million to UNICEF and the World Food Program by the end of December, said the World Bank, reported Sputnik.

"The Afghanistan Reconstruction Trust Fund (ARTF) donors today decided to transfer out USD 280 million in ARTF funds by the end of December 2021 to UNICEF and the World Food Programme (WFP)," the World Bank said in a press release.

The release said UNICEF will receive USD 100 million to provide essential health services in Afghanistan, and WFP will receive USD 180 million to bolster up food security and nutrition operations in the country, reported Sputnik.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 11 2021 | 8:35 AM IST

Explore News