The World Bank announced “an expanded approach” in response to requests by donors to the Afghanistan trust fund and from international organizations, MAP reports.
“The approach will guide the provision of over $1 billion in funds from the Afghanistan Reconstruction Trust Fund (ARTF) in the form of recipient-executed grants to selected United Nations agencies and international NGOs and will remain outside the control of the interim Taliban administration,” the Work Bank said in a statement on Tuesday.
“This follows the transfer-out of $280 million in ARTF funds on December 15, 2021 – $100 million to UNICEF and $180 million to the World Food Program (WFP) – to support the humanitarian response over the critical winter months,” it added.
Using the new strategy, people will receive basic economic and social services, which will reduce the need for humanitarian assistance.
With a budget of about $600 million, the ARTF donors will choose four projects in the fields of education, health, and agriculture, the same source reports.
“This $600 million will be supplemented with additional allocations from the ARTF during 2022 as conditions allow and as decided by the ARTF donors,” the World Bank said in the statement.
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