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World Bank approves humanitarian aid for Afghanistan


World Bank approves shift to channel IDA funds to Afghanistan humanitarian aid

WASHINGTON: The World Bank Group on Thursday said its executive board endorsed a new approach to aiding Afghanistan that will deploy some $300 million from the bank’s International Development Association fund for poor countries through the United Nations (UN) agencies and other international organisations.

The development lender said the funds would remain outside the control of the Taliban regime in Afghanistan and would complement Afghanistan Resilience Trust Fund donor financing in supporting critical basic services such as food, water, health, education and jobs.

More to follow…

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