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...
A World Bank survey has said that Afghanistan’s ongoing economic crisis has adversely affected economic activities in the country with the private sector suffering the most....
The World Bank has put four projects in Afghanistan worth $600 million on hold amid concerns over a decision by the Islamic Emirate of Afghanistan (IEA)...
The number of people in Afghanistan who cannot afford food and other essentials has doubled since the Islamic Emirate of Afghanistan (IEA) takeover of the country...
The executive board of the World Bank on Tuesday approved a plan to use more than $1 billion from a frozen Afghanistan trust fund to finance...
The World Bank’s management has signed off on a proposal that would repurpose $600 million of the just over $1 billion left in a frozen trust...