AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

UNITED NATIONS: Norway is encouraging donors to a World Bank-administered fund for Afghanistan to agree to transfer $280 million to the World Food Programme and UNICEF, Foreign Minister Anniken Huitfeldt said on Monday.

The World Bank’s board backed transferring $280 million to the U.N. agencies from the $1.5 billion Afghanistan Reconstruction Trust Fund (ARTF), which was frozen after the Taliban took over the Afghan government in August, Reuters reported last week.

The 31 donors to the fund must approve the transfer. A World Bank spokesperson said ARTF donors met last Friday and agreed to make a decision in one week.

During a joint interview with U.N. Development Programme chief Achim Steiner in New York, Huitfeldt told Reuters that she hoped donors would sign off on the transfer and that Norway “encouraged” them to do so.

“And we discussed the situation in Afghanistan during the NATO meeting last week, and also encourage NATO countries to continue to avoid a total economic or humanitarian collapse in Afghanistan,” she said.

Afghanistan is struggling with a sharp drop in international development aid after the Taliban seized power, an economy and banking system on the brink of collapse, the COVID-19 pandemic and severe drought.

“If you cannot have enough food, you cannot educate your children, you cannot get health service for your family, you have no reason to live there anymore, you try to move on somewhere else,” Steiner said.

The UNDP has projected that poverty may become nearly universal by mid-2022 - affecting more than 90 percent of Afghanistan’s 39 million people.

“We face this particularly intense period between now and next year, where many Afghans are on the verge of giving up,” Steiner said.

Comments

Comments are closed.