World Bank Announces More Than $1 Billion In Aid For Afghanistan

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KABUL: The World Bank on Tuesday announced more than $ 1 billion in humanitarian aid for Afghanistan, which stated that the money would go to UN agencies and international NGOs while remaining “out of control” the ruler of the country Taliban.

Reallocated from Afghanistan Reconstruction Guardian Fund (ARTIF) attended $ 280 million in the ARTF funds disbursed last December, and aimed at supporting a humanitarian response to critical winter months.

The funds, to be delivered in the form of grants, aimed “to support important basic services, protect vulnerable Afghans, helps preserve the main capital and economic and social services and reduce the need for future humanitarian assistance,” The Washington-Based Lenders said in a statement.

The bank suspended his assistance to Kabul late last August after the Taliban Islamic hardline returned to power.

Artf is a multi-donor fund that coordinates international assistance to improve the lives of millions of Afghans. It is managed by the World Bank on behalf of the donor partner.

Until the Taliban took over, the ArtF was the largest source of development funding for Afghanistan, financing up to 30 percent of the government budget.

Because the World Bank cannot give money directly to the Taliban regime – which is not recognized by the international community – has directed funds to organizations such as UN Children’s UNICEF subsidiaries in response to the humanitarian crisis.

The purpose of new assistance is to “protect the vulnerable Afghanistan (and) helps preserve human capital and major economic and social services,” the World Bank said.

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