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MoF, China Sign Grant Agreement of $72 Million

(Last Updated On: May 09, 2017 7:14 pm)

1dc93da2b-93da-4e09-a020-31d0b80be375Afghanistan Ministry of Finance (MoF) and China signed grant agreement of $72 million during a press conference on Tuesday.

According to MoF, this grant would be expended for housing projects in the center and provinces, government administrations complex and other priority projects of Afghanistan.

Minister of finance, Eklil Hakemi said, ” China is one of the main donors of Afghanistan that supported in infrastructures, housing and other priority projects including today’s grant agreement of 72 million USD which is going to be used in different sectors.”

 “We are grateful of generous contribution of China”, said Minister Hakimi and added: “Afghanistan emphasizes on China’s long-term contribution, there are many opportunities for relation development between two countries and within using them the relation could be expanded and they make advantages of them”.

Ambassador of China to Afghanistan said: “we are committed to provide contribution to Afghanistan in different sectors and we will work together with Afghan Government to make use of this grant in effective way”.

China would jointly work with Afghanistan in the physical and social security, education, infrastructure, housing and other sectors.

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