“The World Bank mentioned that it is “deeply concerned” about the condition there after the Taliban captured power and especially the expectations for women,’’ a bank representative was repeated as saying by international news agencies.
“We have ceased disbursements in our function in Afghanistan and we are closely administering and assessing the situation,” the official said.
The World Bank recently has over two dozen schemes in Afghanistan and it has provided financial aids of USD 5.3 billion since 2002, mostly in grants.
Previously, the International Monetary Fund (IMF) had ceased functioning in Afghanistan, which included an existing USD 370 million loan schedule,in addition, USD 340 million that Kabul was due to obtain from Monday’s release of Special Drawing Rights (SDR).
The depressing experience in the battered country after the US withdrew its army and the Taliban dramatically captured the presidential palace in Kabul, leading President Ashraf Ghani to escape to Saudi Arabia.
US President Joe Biden has determined not to elongate his August 31 deadline for solving the US-led evacuation of Americans and Afghan coadjutors from Afghanistan.
Biden determined after consultation with his national security team. Weighing the risks of keeping troops on the ground beyond the deadline, he chose to end the mission by next Tuesday, which was the deadline he fielded well before the Taliban completed its seizure of Afghanistan on August 15.
Biden has also urged his national security team to develop emergency plans in case a situation emerges for which the deadline needs to be stretched slightly.
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