Exclusive-World Bank backs using $280 million in frozen aid funds for Afghanistan


  • World
  • Thursday, 02 Dec 2021

FILE PHOTO: A group of women wearing burqas crosses the street as members of the Taliban drive past in Kabul, Afghanistan October 9, 2021. REUTERS/Jorge Silva/File Photo

WASHINGTON (Reuters) - The World Bank's board has backed transferring $280 million from a frozen trust fund to two aid agencies to help Afghanistan cope with a brewing humanitarian crisis after the U.S. withdrawal, two sources familiar with the matter said on Wednesday.

The 31 donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) must approve the transfer before the funds could flow to the World Food Programme and UNICEF, the sources said. The donors were expected to meet on Friday, the sources said.

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