Afghanistan’s central bank welcomes World Bank’s approval for livelihood projects
KABUL, June 5– Da Afghanistan Bank, the central bank of Afghanistan, welcomed the approval of 793- million-U.S. dollar projects by the World Bank, the DAB said on Sunday. On Friday, the Afghanistan Reconstruction Trust Fund Management Committee and the World Bank approved the projects that will provide urgent and essential food, livelihood, and health services to…
KABUL, June 5 (Xinhua) — Da Afghanistan Bank (DAB), the central bank of Afghanistan, welcomed the approval of 793-million-U.S. dollar projects by the World Bank, the DAB said on Sunday.
On Friday, the Afghanistan Reconstruction Trust Fund Management Committee and the World Bank approved the projects that will provide urgent and essential food, livelihood, and health services to the people of Afghanistan, according to the World Bank.
The projects will be implemented through United Nations agencies and non-governmental organizations.
The DAB appreciates humanitarian assistance from the international community for Afghanistan, and calls for more cooperation in the field, according to a DAB statement.
More than 22 million Afghans out of some 35 million of the country’s population are facing acute food shortages and the war-torn country would face humanitarian catastrophe if not assisted, according to aid agencies’ reports. Enditem