Donors eye 10 December decision on shifting frozen funds for Afghanistan
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Sunday
January 29, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
SUNDAY, JANUARY 29, 2023
Donors eye 10 December decision on shifting frozen funds for Afghanistan

South Asia

Reuters
04 December, 2021, 01:35 pm
Last modified: 04 December, 2021, 01:35 pm

Related News

  • Thousands in Afghanistan protest Quran-burning incident in Sweden
  • More than 160 Afghans die in bitterly cold weather
  • Top UN officials seek to 'water down' bans on women in Afghanistan
  • Deputy UN chief pushes women's rights during visit to Taliban heartland
  • Freezing temperatures kill 78 people in Afghanistan

Donors eye 10 December decision on shifting frozen funds for Afghanistan

No further details about the ARTF meeting were immediately available

Reuters
04 December, 2021, 01:35 pm
Last modified: 04 December, 2021, 01:35 pm
Afghan money exchange dealers wait for customers at a money exchange market, following banks and markets reopening after the Taliban took over in Kabul, Afghanistan, September 4, 2021.  Photo :Reuters
Afghan money exchange dealers wait for customers at a money exchange market, following banks and markets reopening after the Taliban took over in Kabul, Afghanistan, September 4, 2021. Photo :Reuters

Donors to the World Bank-administered Afghanistan Reconstruction Trust Fund (ARTF) have agreed to decide about a transfer of funds to humanitarian aid agencies by 10 December, a World Bank spokesperson said on Friday.

The World Bank's board this week backed transferring $280 million from the $1.5 billion trust fund, which was frozen after the Taliban took over the Afghan government in August, to the World Food Programme and UNICEF, Reuters reported on Wednesday, citing sources familiar with the plan.

The World Bank spokesperson gave no details on the proposal, but said ARTF donors met on Friday and agreed to make a decision on transfers out of the fund in one week.

No further details about the ARTF meeting were immediately available.

The US Treasury Department had no comment.

Afghanistan's 39 million people face a collapsing economy, a winter of food shortages and growing poverty since the Taliban seized power at the end of August as the last US troops withdrew from 20 years of war.

Afghan experts have said the aid would help, but big questions remain, including how to get funds into Afghanistan without exposing any financial institutions involved to US sanctions.

World+Biz

donors / Afghanistan

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: TBS
    It's corruption that bites business harder: CPD
  • Import slowdown to affect economic growth: ADB country head
    Import slowdown to affect economic growth: ADB country head
  • Photo: Collected
    Foreign loan pledges fall 60% in H1  

MOST VIEWED

  • People wait for their turn to get fuel at a petrol station, a day after a country-wide power breakdown, in Peshawar, Pakistan, January 24, 2023. REUTERS/Fayaz Aziz
    Pakistan govt lifts petrol, diesel prices by 35 rupees a litre
  • Photo: Collected
    Ten children killed in northwest Pakistan boat capsize
  • FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave/File Photo
    India's Adani says $2.5 bln share sale on track even as bankers mull changes
  • People rescuing the victims. Photo: BSS/AFP
    40 killed in southwest Pakistan bus crash
  • Sri Lanka's President Ranil Wickremesinghe looks on during an interview with Reuters at Presidential Secretariat, amid the country's economic crisis, in Colombo, Sri Lanka August 18, 2022. REUTERS/ Dinuka Liyanawatte/File Photo
    Sri Lanka leader suspends parliament until policy address
  • FILE PHOTO: Afghan female students walk near Kabul University in Kabul, Afghanistan, December 21, 2022. REUTERS/Ali Khara
    Afghan female students not allowed to sit university entrance exam - Taliban ministry

Related News

  • Thousands in Afghanistan protest Quran-burning incident in Sweden
  • More than 160 Afghans die in bitterly cold weather
  • Top UN officials seek to 'water down' bans on women in Afghanistan
  • Deputy UN chief pushes women's rights during visit to Taliban heartland
  • Freezing temperatures kill 78 people in Afghanistan

Features

Nandita Sharmin's journey to give organic skincare a new identity

Nandita Sharmin's journey to give organic skincare a new identity

10h | Mode
Illustration: TBS

'The silver lining is that the worst is sort of behind us': Hamid Rashid, UN economist

13h | Panorama
Photo: Bloomberg

BuzzFeed and AI are a match made in fad city

12h | Panorama
Snipe in flight. Photo: Enam Ul Haque

Baikka Beel: 'A world where snipe work late'

1d | Panorama

More Videos from TBS

Sarika Sabrin is waiting for a good film

Sarika Sabrin is waiting for a good film

3h | TBS Entertainment
Take your football game to the next level at Next Level academy

Take your football game to the next level at Next Level academy

4h | TBS SPORTS
“Investments risky without consistent policy, reliable data”- SK Bashir Uddin

“Investments risky without consistent policy, reliable data”- SK Bashir Uddin

6h | TBS Round Table
What does Shahrukh has in his 770 million dollar property?

What does Shahrukh has in his 770 million dollar property?

1d | TBS Entertainment

Most Read

1
Picture: Collected
Bangladesh

US Embassy condemns recent incidents of visa fraud

2
Illustration: TBS
Banking

16 banks at risk of capital shortfall if top 3 borrowers default

3
Photo: Collected
Splash

Hansal Mehta responds as Twitter user calls him 'shameless' for making Faraaz

4
A frozen Beyond Burger plant-based patty. Photographer: AKIRA for Bloomberg Businessweek
Bloomberg Special

Fake meat was supposed to save the world. It became just another fad

5
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

6
Representational Image
Banking

Cash-strapped Islami, Al-Arafah and National turn to Sonali Bank for costly fund

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]