Germany investing 6.4 billion AFN for Afghanistan
By Khaama Press - Thu Nov 23 2017, 1:59 pm
According to a statement by the organization “Today, the Afghan government and the German KfW Development Bank signed a financial agreement: Germany provides AFN 6.44 billion funds to the Afghan state.”
The statement further added that the budget will be allocated to the Afghanistan Reconstruction Trust Fund (ARTF), administered by the World Bank. Since the fund’s creation in 2002, Germany has contributed almost AFN 47 billion.
The Afghan government will use the budget for developing and implementing projects in the areas of good governance, agriculture, rural development, infrastructure, as well as human and social development. In 2016 alone, 9.3 million Afghans benefited from such projects.
According to the statement, around AFN 3.22 billion is set aside for the Citizens’ Charter Afghanistan Project that aims to reduce poverty and boost citizens’ confidence in the Afghan Government by improving public services for all Afghans. Community Development Councils are the linchpin of the CCAP. 8.5 million Afghans shall benefit from the programme’s first phase.
It also includes a component that focuses on refugees and internally displaced Afghans as well as the communities that receive and host them. An additional 1.5 million Afghans will benefit from this module.