World Bank Freezes Aid to Afghanistan
1310 Wednesday, 25 August, 2021, 13:12 The World Bank suspended funding for dozens of projects in Afghanistan Tuesday, citing questions over the legitimacy of Taliban rule. The suspension follows the Taliban's swift takeover of Afghanistan, as US forces prepared to complete a withdrawal with a deadline of 31 August. “We have paused disbursements in our operations in Afghanistan and we are closely monitoring and assessing the situation in line with our internal policies and procedures,” a World Bank spokeswoman said. The Washington-based institution has committed around $5.3 billion for reconstruction and development projects in Afghanistan since 2002 through its International Development Association that helps the world’s poorest countries. |
Turkey imposes export restrictions on Israel until Gaza ceasefire
273609.04.2024, 19:18Forbes has released its list of the world's billionaires. There are more than ever before – and they're wealthier.
331702.04.2024, 21:12Media: Türkiye may reduce purchases of F-16s from United States
307430.03.2024, 18:48#FoxNews: Ukraine aid surpasses $113 billion
350729.03.2024, 11:30Baltimore bridge's $81 billion trade crisis (photo)
376727.03.2024, 14:36EU approves 13th sanctions package against Russia
639021.02.2024, 14:54Bank of Georgia Group to buy Armenian bank Ameriabank for $303.6 million
345419.02.2024, 12:48Bank of Georgia Group PLC announcement regarding possible transaction with Ameriabank CJSC
361515.02.2024, 21:36