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According to informed sources, the World Bank is finalizing a proposal to release $ 500 million of frozen money from Afghanistan. Reuters reported that members of the World Bank's board of directors were scheduled to meet informally to discuss the issue.
Under the proposal, $ 500 million will be sent to Afghanistan from the Afghanistan Reconstruction Fund for humanitarian aid. The fund currently has a total of $ 5 billion. Sources said the money would be donated to humanitarian organizations and aid workers and spent more on health care.
A source told Reuters: "The plan calls on the World Bank to transfer the money to the accounts of the United Nations and other humanitarian organizations. "But the proposal does not say anything about the financial sector and how to transfer money to Afghanistan."
Economists say the aid is effective in solving Afghanistan's current problems. But it is unknown at this time what he will do after leaving the post. On the other hand, sources told Reuters that the money would be used to meet urgent health needs in Afghanistan, where less than 7% of the population has been vaccinated against the coronavirus.
A State Department spokesman has previously confirmed that Washington is working with the World Bank and other donors on using the budget, including paying salaries to people working in "critical sectors such as health care workers and teachers." Works. Meanwhile, after the Islamic Emirate came to power, the World Bank suspended its aid. At the same time, the United States stopped its assistance to Afghanistan and froze the central bank's foreign exchange reserves.
The Afghanistan Reconstruction Fund (ARTF) was established in 2002 and is managed by the World Bank. The fund was used for an extraordinary budget, with more than 70% of its budget financed through foreign aid. Any decision to transfer money from the Afghanistan Reconstruction Fund must be approved by its donors, and the United States is one of the fund's largest donors.