Its board of directors World Bank approved the transfer of $ 280 million from the Special Fund for the Reconstruction of Afghanistan, whose resources have been frozen to two aid agencies to help address the severe humanitarian crisis in the south-eastern country Asia after the withdrawal of their troops USA and their recapture of power Taliban last August.
There are now 31 donors in the special fund for its reconstruction Afghanistan (Afghanistan Reconstruction Trust Fund, ARTF) to approve the transfer of the amount before it can be made available to the World Food Program (WFP) and in UNICEF, clarified two sources in the agency Reuters, adding that a meeting is scheduled to discuss the issue on Friday (3/12).
Its board of directors World Bank met informally on Tuesday (30/11) to consider the idea of allocating $ 500 million of the $ 1.5 billion available to the ARTF to aid organizations.
Its population Afghanistan (39 million) is facing a deep economic crisis, food shortages and the spread of poverty, three months after the return of Taliban in power, which hastened the withdrawal of foreign troops after 20 years of war.
Afghan experts say the amount will help, but there are still many questions and difficulties, especially the risk of financial institutions being exposed to the draconian financial sanctions of USA.
Although the American Ministry of Finance has assured in letters to banks that they can carry out transactions related to the provision of humanitarian aid to Afghanistan, Concerns about sanctions continue to hamper the supply of even basic necessities such as food and medicine.
THE UNICEF warns that 3.2 million children under the age of 5 in Afghanistan will experience acute malnutrition in the winter and one million of them are in serious danger of dying.
Any decision to redirect its resources ARTF requires the unanimous approval of the donors who contributed to it, with the largest USA. The fund is managed by The World Bank on behalf of the donors.
Not even White House, nor the American Ministry of Finance had some comment to make on her decision World Bank.