Deputy Prime Minister for Economic Affairs Office on Saturday in a statement rejected the recent report of the World Bank on the economic situation of Afghanistan...
Faris Hadad-Zervos emphasized the importance of supporting the private sector and micro, small, and medium enterprises, particularly those operated by women, to foster job creation and...
The ban on opium cultivation precipitated a staggering $1.3 billion loss in farmers’ incomes, equivalent to approximately 8 percent of the country’s GDP, the World Bank...
The absence of GDP growth coupled with declining external financing avenues for off-budget expenditures paint a bleak picture of Afghanistan’s economic prospects, the World Bank said....
Officials at the Ministry of Rural Rehabilitation and Development (MRRD) say 7,000 incomplete projects of the World Bank are at risk of destruction in Afghanistan. They...
In January 2024, headline inflation experienced a significant downturn, reaching -10.2 percent on a year-on-year basis, the World Bank said in a report. This substantial drop...
The International Rescue Committee (IRC) has welcomed the latest move by the World Bank to use International Development Association (IDA) funds to scale up support to...
The World Bank Group said on Thursday its executive board endorsed a new approach to aiding Afghanistan that will deploy some $300 million from the bank’s...
The Deputy Prime Minister for Economic Affairs Office of the Islamic Emirate of Afghanistan in a statement has welcomed the recent report of the World Bank...
The Ministry of Finance (MoF) officials say they have started paying the World Bank and Asian Development Bank loans received by the former government. The ministry...
Da Afghanistan Bank (DAB) says the World Bank will likely resume the work of its incomplete projects in Afghanistan. DAB officials said talks are underway with...
Poverty affects one in every two Afghans, while about 15 million people are food insecure, the World Bank said in its latest report on Afghanistan published...
Revenue collection in Afghanistan for the first five months of the fiscal year 2023 reached 76 billion afghanis, which shows an 8 percent increase compared to...
More than 100 experts gathered at a workshop in Dubai on Thursday to discuss ways to strengthen Afghanistan’s payment system to help revive the private sector...
Exports from Afghanistan increased by seven percent in the first quarter of 2023, the World Bank said in a new report released Tuesday. Based on unofficial...
The Islamic Emirate of Afghanistan (IEA) on Saturday welcomed the World Bank’s report issued this week and in turn called on the institution to resume incomplete...
Ministry of Commerce and Industry (MoCI) officials said they have started discussions with the World Bank to resolve the current banking crisis in the country. Officials...
The United Nations Development Progamme (UNDP) has signed a $20 million partnership agreement with the World Bank to support humanitarian, economic, and social development initiatives across...
The World Bank has suspended the payment of about $200 million in funding to Afghanistan as the country’s Central Bank has failed to provide the World...