Syria has around $15 million in arrears to the World Bank which must be paid off before the international financial institution can approve grants and provide...
Economic experts have meanwhile said the completion of these projects is crucial for Afghanistan’s development.
The World Bank report revealed that Afghanistan’s trade deficit surged by 54 percent in 2024, reaching $9 billion, which represents 45 percent of the country’s gross...
The number of Ukrainians living in poverty has grown by 1.8 million since 2020, bringing the total to about 29% of the population as Russia’s 2022...
The World Bank announced Tuesday it has approved $84 million in aid to Afghanistan in order to fight the economic crisis and implement livelihood projects in...
The World Bank has declared that it has allocated $16 million to support small businesses in Afghanistan, focusing on women-owned enterprises and businesses led by them....
The World Bank has announced that it has agreed to restart the Central Asia-South Asia Electricity Transmission and Trade Project (CASA-1000) in Afghanistan amid concerns among...
The Afghan economy is expected to hover around no-growth territory this year, amid uncertainty after contracting by 25% since August 2021, while Islamic Emirate of Afghanistan’s...
Officials from Da Afghanistan Breshna Sherkat (DABS) said during their government accountability program to the nation, that they have reached an agreement with the World Bank...
The World Bank’s board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and...
US President Joe Biden nominated former Mastercard Inc (MA.N) CEO Ajay Banga to lead the World Bank, betting the India-born executive’s ties to the private sector...
The World Bank on Wednesday published its latest report on Afghanistan’s economy and painted a slightly positive picture – stating that in the first nine months...
The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central...
Living conditions remain difficult for Afghan families as two-thirds of households in the country continue to struggle to meet basic food and non-food needs, a new...
The World Bank said in it’s latest Afghanistan Development Update report that the country’s economy is adjusting to a “new normal” following the collapse of the...
The UN’s Food and Agriculture Organization (FAO) welcomed an unprecedented $150 million contribution from the World Bank to provide critical livelihood and life-saving assistance to the...
The Afghanistan Reconstruction Trust Fund (ARTF) Management Committee and the World Bank this week approved three projects totaling $793 million that will provide urgent and essential...
The World Bank recently provided $150 million to the Afghan Ministry of Public Health to help pay for medicine, medical equipment and salaries, Islamic Emirate of...
The World Bank has resumed work on three projects in Afghanistan focused on health, agriculture and livelihoods, but will maintain a hold on some $150 million...
The outlook for Afghanistan’s economy is dire with per capita income having fallen by over a third in the last four months of 2021 after the...
| Currency | Country | Selling in AFS |
|---|---|---|
| 1 USD |  | 72.44 |
| 1 EUR |  | 80.30 |
| 1 PND |  | 92.51 |
| 1 AED |  | 19.54 |
| 1 TRY |  | 2.11 |
| 1000 INR |  | 801 |
| 1000 IRR |  | 0.60 |
| 1000 PKR |  | 250 |
