Saudi Arabia Pledges a $30 Million Grant to the Afghan Humanitarian Trust Fund
The Kingdom of Saudi Arabia has announced a grant of USD 30 million to support the Afghanistan Humanitarian Trust Fund (AHTF), according to the Riyadh Daily.
The grant is part of the Kingdom of Saudi Arabia’s humanitarian and relief efforts, as well as its effective and leading role in providing all forms of assistance to “brotherly and friendly” countries.
It has the goal of ameliorating Afghan people’s suffering and reducing the risks of deteriorating critical humanitarian situations and potential economic meltdown in Afghanistan, which could jeopardize regional and international peace and stability.
This grant is a continuation of the Kingdom of Saudi Arabia’s support for several projects in Afghanistan over the past decades, including humanitarian, health, educational, water, and food security projects totaling more than 1 billion Saudi Arabia Riyals, as part of its responsibility and role in bringing security and prosperity to Afghanistan and its people.
Since the Taliban took power in mid-August, Afghanistan has faced an impending humanitarian calamity, prompting the US and other donor countries to shut all financial support and isolate the country from the global financial system.
Saudi Arabia’s $30 Million pledge comes in coordination with the Organization of Islamic Cooperation (OIC), which has been praised the for working to connect Afghanistan to the outside world.
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Source: The Khaama Press News Agency