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World Bank freezes aid to Afghanistan, expresses ‘deep concern’ after Taliban takeover

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The World Bank has put a pause on its aid to Afghanistan, saying it is “deeply concerned” by the situation there, particularly women’s rights, after the Taliban took over the country, a spokesperson said.

“We have paused disbursements in our operations in Afghanistan and we are closely monitoring and assessing the situation,” the official said.

“We are deeply concerned about the situation in Afghanistan and the impact on the country’s development prospects, especially for women.”

The spokesperson further said the World Bank “will continue to consult closely with the international community and development partners.”

“Together with our partners, we are exploring ways we can remain engaged to preserve hard-won development gains and continue to support the people of Afghanistan.”

The World Bank is running over two dozen projects ongoing in Afghanistan for its development and has provided $5.3 billion since 2002, mostly in grants, as mentioned on the its website. The bank had pulled all of its personnel out of by Friday, according to a bank source.

 

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