Latest World Bank decision will support millions of Afghans: IRC

The International Rescue Committee (IRC) has welcomed the latest move by the World Bank to use International Development Association (IDA) funds to scale up support to Afghanistan and expand the scope of its programs, saying these funds will support the delivery of services and access to jobs for Afghans who are continuing to endure a major humanitarian crisis as a result of decades of conflict, climate change and economic turmoil. 

IRC in a statement said that the focus of Approach 3.0 of the World Bank includes the delivery of livelihoods support which will support Afghanistan to at least maintain the current trajectory of low-level economic growth.

“This will be critical to maintaining and stabilizing the Afghan economy, while ensuring the survival of businesses and sources of income for millions. However, Afghanistan’s economic crisis remains the primary driver of the high level of humanitarian needs across the country,” the statement said.

IRC stated that although the announcement of Approach 3.0 represents a new milestone for meeting basic needs in Afghanistan, IRC urges other donors to recognise their role in continuing to contribute to both the delivery of basic services through the World Bank’s Afghanistan Resilience Trust Fund (ARTF) and to the humanitarian response.

All contributions are vital to sustaining support for Afghans, and the international community must continue to provide funding to sustain basic services and prevent the humanitarian crisis from worsening, it added.

A week ago, the World Bank Group announced that its executive board endorsed a new approach to aiding Afghanistan that will deploy some $300 million from the bank’s International Development Association fund for poor countries through United Nations agencies and other international organizations.