World Bank pledges $1.2mn to support Afghan micro-business

in Afghan Business

World Bank pledges $1.2mn to support Afghan micro-business

The World Bank (WB) has pledged to donate USD 1.2mn to support Afghan micro-business with cooperation from Afghanistan’s Ministry of Labor, Social Affairs, Martyrs and Disabled.

The program, aimed at expanding Afghan labor markets, involves supporting 2,500 entrepreneurs in three provinces, paying USD 500 to each.

Deputy Labor Minister Ahmad Shah Salehi said the program would provide financial and technical cooperation to the entrepreneurs and added that it would be tentatively conducted in Kabul, Balkh and Nangarhar provinces.

The program has already kicked off in Kabul with 262 entrepreneurs.

According to Salehi, the World Bank received proposals with work plans from 1,500 entrepreneurs from Kabul province and 524 eligible entrepreneurs were selected to be listed in the program.

At least 30% of the candidates are women, said Salehi.

He stressed that the program would be implemented in 34 provinces, if the results were successful.

He also announced that the Ministry of Labor plans to conduct survey of the Afghan labor market and the results would be released in three months.



Related Articles

Afghan Central Bank: Deposits safe in closed Iranian bank

Officials in the Afghan Central Bank (Da Afghanistan Bank) on Tuesday announced that the public deposits in the Kabul branch

Are all Muslims able to purchase sacrificial animals?

With the Eid-ul-Adha approaching, thousands of goats, cows and sheep are brought into the markets in Peshawar to sell. Hundreds

America’s Big Companies to participate in the Investment Summit on Afghanistan in Delhi

Over a dozen American companies, including big companies like DuPont, Price Waterhouse Cooper, General Electric, ExxonMobile, are participating in the

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.

cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china cheap nba jerseys from china wholesale nba jerseys from china discount nba jerseys from china