4 hours agoBad news for the Taliban: After the IMF of America, World Bank also freezes money for Afghanistan
Periskopi(5 years ago)
(5 years ago)The World Bank has cut off funds for projects in Afghanistan after the Taliban took power in this country. They have claimed that taking power from Taliban will have impact “on the country's developmental prospects, especially for women”. The move comes just days after the International Monetary Fund [of the United States] The IMF] suspended payments for Afghanistan, reports the BBC, translates [...]
They have claimed that taking power from Taliban will have impact “on the country's developmental prospects, especially for women”.
The move comes just days after the International Monetary Fund [of the United States] The IMF] suspended payments for Afghanistan, reports the BBC, translates Periscopi.
The Biden administration has also frozen assets for Afghanistan's central bank, which was held in the US.
“We have paid payments in our operations in Afghanistan, and we are monitoring closely and we assess the situation in line with our internal policies and procedures,” said the World Bank's spokesman for the BBC.
Since 2002 and then, Washington-based financial institutions have cost more than $5.3 billion for reconstruction and development projects in Afghanistan. /Periscope
