WORLD BANK

Aug. 27, 2021

World Bank has halted all financial assistance for projects to Afghanistan.

About:

  • The move comes in the wake of the Taliban assuming power in the country.

  • The World Bank paused disbursements in its operations in Afghanistan and is closely monitoring and assessing the situation in line with its internal policies and procedures.

  • The World Bank will continue to consult closely with the international community and development partners in this direction.

  • Concerns have also been raised as regards the impact on the country’s development prospects, especially for women.

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