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World Bank confirms delivering $280 M to Afghanistan

The World Bank confirmed on Friday, December 10 that they will deliver $280 million from Afghanistan Reconstruction Trust Fund (ARTF) World Health Organization, World Food Program, and United Nations International Children Emergency Fund.

The amount of money is part of the assets of Afghanistan now frozen in western banks.

The World Bank in its statement said that $180 million will be given to World Food Program (WFP) and $100 million will be provided to UNICEF to carry out health services in Afghanistan.

“With the money allocated by ARTF, UNICEF will provide basic health facilities to 12.5 million people and WFP will be able to give food to 2.7 million people while 840 thousand women and children will be provided with nutrition.” Reads the statement.

Earlier, rumors had it that the transfer of the money will be a big issue as financial institutions will be afraid of US sanctions.

The US has frozen over $9.5 billion of Afghanistan’s preserves after the Taliban’s takeover that has plunged Afghanistan into potentially the world’s biggest humanitarian crisis and disaster.

World countries and humanitarian organizations have asked the West to unfreeze the assets to prevent a humanitarian disaster in Afghanistan.

The US has resisted keeping sanctions on the Taliban in place but said that the sanctions will not affect Afghans.

The post World Bank confirms delivering $280 M to Afghanistan appeared first on The Khaama Press News Agency.


Source: The Khaama Press News Agency

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