The World Bank has ruled out the possibility of resuming suspended aid to Afghanistan.
According to a foreign news agency, World Bank President David Malpas said on Monday that there was no possibility of resumption of financial aid suspended in late August after the Taliban took over Afghanistan. “I can’t imagine working in a devastated economy in Afghanistan,” he said.
In addition, the Taliban have been denied access to Afghanistan’s 9 billion reserves.
It should be noted that since 2002, the World Bank has been running several development projects worth 5. 5.3 billion in Afghanistan.
It may be recalled that the World Bank had stopped aid to Afghanistan after the Taliban took control, while the IMF has also suspended aid to Afghanistan.