Saturday 16 February, 2019
Edition: ENG
The Khaama Press News Agency
Tag Archives: World Bank Afghanistan

The World Bank released its latest twice-a-year report regarding the development update in Afghanistan and warned that the country’s recent economic recovery may become at risk. The report states that following the economic shock of the withdrawal of international troops, the associated decline in aid and deterioration in security, and the period...

The Afghan government on Monday signed new contracts with the private firms for the execution of two major power projects having a total value of around $267 million. The Office of the President, ARG Palace, said the contracts were signed in the presence of President Mohammad Ashraf Ghani, Chief Executive Abdullah Abdullah, and other high level government...

With an aim to boost the banking sector and financial inclusion, the International Finance Corporation of the World Bank will invest in Afghanistan International Bank (AIB). “IFC, a member of the World Bank Group, is acquiring a 7.5 percent equity stake in the Afghanistan International Bank (AIB) to help the bank boost its commercial lending and...

Afghanistan has received $180 million in new incentives from World Bank for the implementation of key reforms and making progress in the fight against corruption. The Ministry of Finance spokesman Ajmal Abdul Rahimzai told reporters in Kabul...

By Khaama Press on Jun 13th, 2017

The World Bank’s Board of Executive Directors today approved $120 million in grants for Afghanistan and discussed the 2017-2020 Country Partnership Framework (CPF) that sets out the institution’s plans for supporting the country in ending...

By Khaama Press on Oct 29th, 2016

Two grant agreements worth $128 million were signed between the Ministry of Finance of Afghanistan and the World Bank, covering two key sectors – Farm Water Management Project and Hydropower Rehabilitation Project. The Ministry of Finance...

By Khaama Press on Jan 24th, 2016

The World Bank, Kabul Province – Negina, 18, is focused on becoming the best pianist and orchestra leader in Afghanistan. She is working towards her goal at the Afghanistan National Institute of Music (ANIM), the country’s only music school,...

By Khaama Press on Sep 7th, 2015