The World Bank Has Approved The Transfer Of $ 600 Million To Afghanistan For The Economic And Educational Crisis
An informed source said on Friday (February 29th) that the World Bank had made a proposal that 600 million of Afghanistan's stagnant money would be transferred to Afghanistan to address the economic and educational crisis.
More than $ 1 billion of Afghanistan frozan Fund remains in the World Bank.
Reuters says that the World Bank delegation is scheduled to review the proposal on March first and make a final decision on the payment of these funds.
The World Bank currently manages the Afghanistan Reconstruction Trust Fund, and if approved, the funds will be transferred to various United Nations agencies, including the United Nations Children's Fund (UNICEF) and the Food and Agriculture Organization. Address the problem of that country's shaky economy.
In addition, the World Bank announced on December 10 that the donors of the Afghanistan Reconstruction Trust Fund had agreed to provide $ 280 million in frozen funds to the World Food Program and the United Nations Children's Fund to provide food and health programs. Transfer to Afghanistan.
The United Nations has warned that nearly 23 million people, which makes 55 percent of the country's population, are facing severe hunger and nearly a million more are at risk of starvation.
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