ECONOMY

Saudi Arabia Provides $30mn In Humanitarian Aid To Afghanistan

Saudi Arabia has extended a grant worth USD 30 million to support the Afghanistan Humanitarian Trust Fund (AHTF).

According to the Saudi
Press Agency (SPA), the aid is intended to prevent further deterioration of the
humanitarian situation in Afghanistan, as well as the possible economic
collapse.

The AHTF works under Islamic Development Bank (IsDB) and in coordination with the Organization of Islamic Cooperation.

An agreement approving
the grant was signed at the King Salman Humanitarian Aid and Relief Center
(KSrelief) headquarters in Riyadh, in the presence of Advisor at the Royal
Court and Supervisor General of KSrelief Dr. Abdullah Bin Abdulaziz Al-Rabeeah,
and IsDB President Dr. Mohammad Al Jasser.

The Kingdom has supported Afghanistan over the past decades
with several projects in various sectors at a cost of over $266.5 million,
which include humanitarian, health, educational, water and food security
assistance.



Source: Wadsam

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