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World Bank Approves Over $97mn to Combat COVID-19 & Drought Impacts

The World Bank Board of Executive Directors today approved a grant from the International Development Association (IDA) of $97.50 million to provide regular and predictable cash support to Afghans affected by droughts and COVID-19 and improve food and nutrition security.

World Bank Approves $380 million in Grants to Cushion Impact of COVID-19 in Afghanistan

Wadsam August 6, 2020

The World Bank Board of Executive Directors today approved two grants totaling $210 million from the International Development Association (IDA), as part of a larger financial package of $380 million, to help Afghanistan cushion the economic impact of the COVID-19

World Bank Approves $200mn to Help Afghanistan Mitigate COVID-19 Impacts

Wadsam July 11, 2020

The World Bank Board of Executive Directors today approved a $200 million grant to help Afghanistan mitigate COVID-19 impacts and provide generic levitra cialis relief to vulnerable people and businesses. The Afghanistan COVID-19 Response Development Policy Grant comprises $100 million from the International

World Bank Approves $400mn To Help Afghanistan With COVID-19 Crisis and Beyond

Wadsam May 9, 2020

The World Bank Board of Executive Directors today approved a $400 million grant to help Afghanistan sustain the pace of key economic and public finance reforms, and support the country to manage current risks and uncertainties compounded by the COVID-19

Afghanistan Receives $2.48bn in Fresh Aid

Wadsam June 27, 2018

The international community has pledged to contribute $2.485 through the Afghanistan Reconstruction Trust Fund (ARTF), the largest source of on-budget financing for Afghanistan’s development, over the next three years. The aid will support the government’s poverty reduction, service delivery and

Afghanistan receives $500mn finance package from World Bank

Wadsam June 14, 2017

The World Bank today announced a financing package for Afghanistan of more than $500 million to help the country through a difficult phase in its struggle to end poverty and to signal a long-term commitment to the country’s people. The

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

Wadsam March 8, 2016

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

EU pledges €90.5 million for Afghanistan’s rural development

Wadsam September 23, 2014

By Ahmadshah Ghanizada: The European Union (EU) has pledged €90.5 million in aid for rural development projects in Afghanistan, officials said Tuesday. Afghan Finance Minister Hazrat Omar Zakhilwal said the Ministry of Rural Rehabilitation and Development (MRRD) will use the

Afghan Government signs 18 agreements with local construction companies

Wadsam May 13, 2014

Afghan Ministry of Public Works signed 18 construction projects’ agreements with local construction companies on Tuesday. The projects include road and bridge construction that will be implemented in Baghlan, Nooristan, Nimroz, Khost, Pakisa and Ghazni provinces. Of the 18 projects,

Work on development projects launched in Takhar province

Wadsam April 30, 2014

As many as 17 development projects are going to be implemented in Takhar province at an estimated cost of USD 4mn provided by Japan, the World Bank, India and funds from the Afghan government’s development project. Provincial rural development director,

Afghan government signs 4 key projects with the World Bank

Wadsam April 12, 2014

The Afghan Finance Minister Hazrat Omar Zakhilwal signed agreements on four key development projects with the World Bank (WB) on Saturday. Worth USD 255.50mn, the projects include CASA-1000, Non-Formal Approach to Training Education and Jobs in Afghanistan (NATEJA), Kabul Municipal

World Bank-funded construction projects being executed

Wadsam December 18, 2013

Construction projects, funded by the World Bank at a total cost of 226 million AFN, are being implemented under the Public Works Ministry’s National Rural Support Program in various provinces. Agreements to that effect have been signed with six local

Kabul to launch credit registry system to manage loans

Wadsam December 17, 2013

An online public credit registry system is being established in Kabul city to manage loans and facilitate transactions. Funded by the World Bank, the project is being implemented by the Da Afghanistan Bank (DAB) at a total cost of USD

World Bank grants USD 50mn to improve Access to Finance in Afghanistan

Wadsam November 27, 2013

The World Bank approved today a US$50 million grant, through International Development Association (IDA) to support the government’s efforts to improve access to credit for micro, small and medium enterprises in Afghanistan. The Afghanistan Access to Finance Project will be

World Bank funds construction of a road in Laghman

Wadsam November 8, 2013

A 14-km road connecting Mehtarlam with Qarghayee district was inaugurated in eastern Laghman province. Funded by the World Bank, the road was built at a cost of about USD 2 million. The road consists of 69 bridges and 643 meter

Afghan Public Works Ministry signs 8 road construction contracts

Wadsam October 28, 2013

Public Work Ministry has signed 8 contracts on road construction projects in 4 provinces. Deputy Minister Mohammad Akbar Barekzai said the projects were funded by the World Bank. Costing USD 7 million, the projects include road graveling and asphalting in

A new school to open in Helmand

Wadsam September 29, 2013

The foundation stone of a classroom school was laid in Naadali district of Helmand province, reported local officials. “The school is built Nawrozia area of Naadali and consists of 10 classrooms,” said director of Education in Helmand province. Costing USD

World Bank grants USD 50mn for economic growth and fiscal sustainability in Afghanistan

Wadsam September 5, 2013

A USD 50 million grant, to finance to the Government of Afghanistan’s efforts for promoting economic growth and fiscal sustainability, was signed today between the Ministry of Finance and the World Bank. The grant is being provided by the International

World Bank donates USD 75mn to Afghan Agriculture Ministry

Wadsam August 28, 2013

In a bid to strengthen Afghanistan’s agriculture sector, the World Bank (WB) granted USD 75mn in aid to the Afghan Agriculture and Livestock Ministry. An agreement to that effect was signed between Afghanistan’s Finance Ministry and officials of the World

$50 Million Grant to Boost Economic Growth and Fiscal Sustainability in Afghanistan

Wadsam August 8, 2013

The World Bank today approved a US$50 million grant, through International Development Association (IDA), to help Afghan Government reinforce legal, regulatory and institutional reforms. The Development Policy Programmatic Series: “Promoting Economic Growth and Fiscal Sustainability”, which is a series of two

Infrastructure projects to be implemented in 3 provinces

Wadsam July 23, 2013

Under a contract signed between the Afghan Ministry of Public Works and the World Bank, infrastructure projects would be implemented in 3 provinces. The projects included a 60km road in Badakhshan, 48km road in Bamyan, 28km in Kunduz, a 68m

World Bank to fund electric dam project on Kunar River

Wadsam April 23, 2013

The World Bank has pledged to finance construction of an electric dam project on Kunar River, said Ministry of Water and Energy officials. The project has the capacity to produce 1200MW of electricity and generate employment opportunities to many Afghans.

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Tag "World Bank aid to Afghanistan"

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