No Fund From World Bank for Afghanistan

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28 August 2021 Current Affairs:The World Bank has stopped funding for projects in Afghanistan after the Taliban seized control in the country.

Highlights:
♦ The World Bank also raised worries over how the Taliban offensive will have an effect on development possibilities in Afghanistan, specifically with respect to women.
♦ The IMF additionally introduced that Afghanistan will no longer be in a position to get admission to assets from global lenders.
♦ The United States has additionally frozen property of Afghanistan’s central bank that are held in the country and it will not be made accessible for Taliban. Da Afghanistan Bank consists of reserves of about 9bn US Dollars and most of it is held in the US.
 

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