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International Business Times
International Business Times
World
AFP News

World Bank Approves $300 Mn In New Funding For Afghanistan

The World Bank has approved $300 million in new funding for Afghanistan (Credit: AFP)

The World Bank's executive board has approved $300 million in new funds for Afghanistan, which it will deploy outside the control of the Taliban authorities, the development lender confirmed Thursday.

The loan forms the key part of the Bank's new engagement with Afghanistan, dubbed "Approach 3.0," which will also revive a regional infrastructure project that was paused after the Taliban took control of the South Asian country in August 2021.

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