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DAB says World Bank likely to start work of incomplete projects in Afghanistan
Da Afghanistan Bank (DAB) says the World Bank will likely resume the work of its incomplete projects in Afghanistan.
DAB officials said talks are underway with the World Bank so that the work of these projects may kick off as soon as possible.
“In this regard as it seems, work of part of the World Bank’s incomplete projects is going on now,” said Ahmad Jawad Sadad, DAB’s Director General Monetary Policy Department.
Sadad stated it is hoped that the World Bank and other financial institutions that were involved in the Afghan economy will resume their unfinished projects.
Economic experts meanwhile have said when the World Bank projects start, it will have a direct impact on the country’s economic growth.
“The World Bank projects were usually semi-infrastructural projects in Afghanistan and they were being implemented to provide service, welfare and social infrastructure, and these projects still managed to create good jobs for people in the villages of the country,” said an economic analyst.
In addition, a number of investors also stressed that they are ready to participate in the implementation of development projects in the country.
Da Afghanistan Bank has also asked other international organizations to financially support development projects in Afghanistan.
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Kazakhstan calls for coordinated international engagement with Afghanistan
Kazakhstan’s Foreign Minister Mukhtar Tileuberdi has called for pragmatic and coordinated international engagement with Afghanistan, saying the country’s long-term stability is closely linked to the security and sustainable development of Central Asia.
Speaking during the general debate of the 81st session of the United Nations General Assembly in New York on Friday, Tileuberdi said humanitarian assistance to Afghanistan remains essential but alone cannot break the cycle of poverty, displacement and dependency.
He said Kazakhstan supports a “pragmatic, coordinated and step-by-step” approach to international engagement with Afghanistan, with the United Nations playing a central role.
Tileuberdi also said Kazakhstan is working with the UN to operationalize the United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan in Almaty.
He said the success of the centre should be measured by the results and assistance it delivers to the region.
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