The World Bank, which suspended aid to Afghanistan in late August after the Taliban seized power, now plans to divert humanitarian aid from the Special Fund for the Reconstruction of Asia, the World Bank said yesterday. in the French Agency source informed about it.
The management of the institution “will discuss tomorrow (Tuesday) with the board possible options for redirecting funding for the Afghanistan Reconstruction Trust Fund (ARTF) in order to” support humanitarian efforts through the United Nations and other humanitarian organizations, “the source explained, adding that the issue of logistics capabilities would also be addressed.
He clarified, however, that the meeting of the board of directors of PT will be “informal” and there will be no “decision or announcement”.
“Decisions will be made by all ARTF donors in the talks that follow,” the source added.
This special fund, to which various countries and institutions contribute, coordinates international aid to millions of Afghans. It is managed by PT on behalf of the donors. An amount of $ 500 million is currently being considered.
According to its website, some 34 donors have contributed to date. It has $ 1.5 billion.
Until the Taliban regained power, the ARTF was “Afghanistan’s largest source of development aid”, funding “up to 30% of the country’s budget” and supporting “essential government operations”.
Since 2002, the ARTF has provided support to various national programs, which have made it possible, for example, to reduce child mortality and provide wider access to schools.
At the end of August, the World Bank announced the suspension of all aid to the country, but assured that it was exploring ways and means “to continue to support the Afghan people” (24608733).
Afghanistan’s population (39 million) is facing a deep economic crisis, food shortages and the spread of poverty, three months after the Taliban returned to power, which hastened the withdrawal of foreign troops after 20 years of war.
One of the difficulties in providing aid to Afghanistan is not exposing financial institutions to US sanctions.
SOURCE: AMPE
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Source From: Capital
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