Afghanistan, May 19 -- World Bank Resumes Operations in Kabul, Restarting Payments and Development Projects Amid Economic Challenges.
The World Bank has reopened its office in Kabul after a hiatus following the Taliban's return to power in 2021. Previously, the World Bank suspended operations due to political changes, but it has now resumed work on ongoing projects.
According to the Taliban's Ministry of Finance, the World Bank owes approximately $50 million to Afghanistan logistics and construction companies. The debt will be repaid in four installments, with the first payment of $10.8 million scheduled to be disbursed directly to the companies. The remaining $39.1 million will be paid in three phases through the Ministry of Finance.
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