Latest News
World Bank backs using $280 million in frozen aid funds for Afghanistan
The World Bank’s board has backed transferring $280 million from a frozen trust fund to two aid agencies to help Afghanistan cope with a brewing humanitarian crisis after the U.S. withdrawal, two sources familiar with the matter told Reuters on Wednesday.
The 31 donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) must approve the transfer before the funds could flow to the World Food Programme and UNICEF, the sources said. The donors were expected to meet on Friday, Reuters reported.
The World Bank board met informally on Tuesday to discuss transferring up to $500 million of the $1.5 billion in the ARTF to humanitarian aid agencies, people familiar with the plan previously told Reuters.
Afghanistan’s 39 million people face a collapsing economy, a winter of food shortages and growing poverty three months after the Taliban seized power as the last U.S. troops withdrew from 20 years of war.
Latest News
Khalilzad questions Pakistan’s commitment to Afghan welfare
Latest News
India, UN envoy discuss Afghanistan’s humanitarian needs
Latest News
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.
-
World5 days agoCNN, MS NOW and Politico sue Trump, challenging White House ban
-
Latest News3 days agoAriana Afghan Airlines ranks seventh among 45 Central Asian airlines
-
Latest News5 days agoUN reiterates call for respect for international law after Kunar airstrikes
-
Regional4 days agoUS and Iran hold first talks since June after Trump’s ‘annihilation’ threat
-
Latest News3 days agoSilk Road highway in Wakhan corridor now reaches the China border
-
Latest News5 days agoAfghan Official: Pakistan’s airstrikes will not go unanswered
-
Regional3 days agoIran airlines cancel flights as US sanctions hit
-
Regional5 days agoG7 foreign ministers call on Iran to stop arming Houthis
