World bank sets more than $1B in aid for Afghanistan

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World bank sets more than $1B in aid for Afghanistan
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World Bank approves plan to use more than $1 billion from frozen Afghan trust fund to finance urgently needed education, agriculture, health and family programmes in Afghanistan

Afghanistan Reconstruction Trust Fund was frozen in August when the Taliban overran Kabul as the last US-led international troops departed after 20 years of war.

The funding cuts accelerated an economic collapse, fuelling a cash crunch and deepening a humanitarian crisis that the United Nations says has pushed more than half of Afghanistan's population of 39 million to the verge of starvation. There will be a "strong focus on ensuring that girls and women participate and benefit from the support," the statement continued.Afghanistan's new rulers have appealed to the international community to help the country and have pressed for billions of dollars of frozen assets overseas to be released.

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