News

World Bank approves $85 million grant to expand public services, access to clean water and sanitation in Afghanistan

The World Bank Board of Executive Directors approved two grants totaling nearly $85 million from the International Development Association , as part of a $393 million financial package to help Afghanistan alleviate COVID-19 impacts and improve access to clean water, sanitation, and public services.

$154 million ADB grant to help improve access to electricity in western Afghanistan

The Asian Development Bank (ADB) has approved a $154.4 million grant to boost the supply of power in Afghanistan by extending the country’s power grid into the western provinces of Herat and Farah, ensuring access to electricity for vulnerable communities in those provinces.

ADB approves $100 million grant to support Afghanistan’s COVID-19 response

The Asian Development Bank (ADB) approved a $100 million grant to help the Government of Afghanistan respond to the coronavirus disease (COVID-19) pandemic.

UN Afghanistan Conference discusses regional cooperation

As a strategic pivot for regional cooperation linking Central and South Asia, Afghanistan stands to benefit from regional cooperation programs including CAREC, to help bring about peace, security and economic prosperity.

ADB approves $110 million grant to enhance power supply in Afghanistan

The Asian Development Bank (ADB) approved a $110 million grant to boost power supply and strengthen Afghanistan’s energy sector by improving its sustainability and promoting cross-border trade in energy.

Hit hard by COVID-19, Afghanistan needs continued international support

Afghanistan’s economy is set to contract by between 5.5% and 7.4% in 2020 because of COVID-19, exacerbating poverty, and leading to a sharp decline in government revenues, according to World Bank in its latest biannual Afghanistan Development Update.

ADB, APPC sign loan for gas-fired power plant to enhance Afghanistan’s energy security

The Asian Development Bank (ADB) and the Afghan Power Plant Company Limited (APPC) signed a $10 million loan as part of a financing package for the Mazar gas-fired power plant, supporting Afghanistan’s efforts to achieve long-term energy security through affordable domestic power sources

ADB President, Afghanistan President discuss COVID-19 support; $40 million grant

Asian Development Bank (ADB) President Masatsugu Asakawa and Afghanistan President Mohammad Ashraf Ghani discussed how ADB can support the country’s fight against the novel coronavirus disease (COVID-19) pandemic, including through a new $40 million grant.

IMF Executive Board approves a $220 Million disbursement to the Islamic Republic of Afghanistan to address the COVID-19 pandemic

The IMF Executive Board approved Afghanistan’s request for emergency assistance under the Rapid Credit Facility.

World Bank funds transferred to the Government of the Islamic Republic of Afghanistan to fight COVID-19 pandemic

The World Bank is announced $20 million has been transferred to the Government of the Islamic Republic of Afghanistan for the emergency response to COVID-19 pandemic, including contracting service providers in all 34 provinces to deploy COVID-19 related services.