{"id":75286,"date":"2021-08-26T07:48:29","date_gmt":"2021-08-26T06:48:29","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=75286"},"modified":"2021-08-26T07:48:29","modified_gmt":"2021-08-26T06:48:29","slug":"10-days-after-taliban-takeover-world-bank-halts-payment-for-projects-in-afghanistan","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/08\/26\/10-days-after-taliban-takeover-world-bank-halts-payment-for-projects-in-afghanistan\/","title":{"rendered":"10 days after Taliban takeover, World Bank halts payment for projects in Afghanistan"},"content":{"rendered":"<p>The World Bank has disclosed that it has halted disbursements and funding for projects in Afghanistan in the wake of the Taliban takeover.<\/p>\n<p>Recall that Taliban fighters on August 15 invaded Kabul and took over power after the Afghanistan, Ashraf Ghani fled.<\/p>\n<p>According to the bank,<span data-preserver-spaces=\"true\">\u00a0it plans to monitor the current situation and consult \u201cclosely\u201d with the international community.<\/span><\/p>\n<p>Speaking with CNN, the World Bank spokesperson, Marcela Sanchez-Bender said\u00a0<span data-preserver-spaces=\"true\">\u201cWe are deeply concerned about the situation in Afghanistan and the impact on the country\u2019s development prospects, especially for women&#8221;.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe have paused disbursements in our operations in <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/08\/24\/afghanistans-womens-football-stars-risk-being-turned-into-sex-slaves-and-tortured-to-death-by-the-taliban\/\">Afghanistan<\/a>, and we are closely monitoring and assessing the situation in line with our internal policies and procedures.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe will continue to consult closely with the international community and development partners. Together with our partners, we are exploring ways we can remain engaged to preserve hard-won development gains and continue to support the people of Afghanistan.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The World Bank has committed more than $5.3 billion for development projects in Afghanistan since 2002, a statement on its<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.worldbank.org\/en\/country\/afghanistan\" target=\"_blank\" rel=\"noopener\"><strong><span data-preserver-spaces=\"true\">\u00a0website<\/span><\/strong><\/a><span data-preserver-spaces=\"true\"> reads.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Afghanistan Reconstruction Trust Fund, administered by the World Bank, has raised $12.9 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last week, the International Monetary Fund (IMF) also blocked the Taliban from accessing its financial resources.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cAs is always the case, the IMF is guided by the views of the international community. There is currently a lack of clarity within the international community regarding recognition of a government in Afghanistan, as a consequence of which the country cannot access SDRs or other IMF resources,\u201d an IMF spokesperson had said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank has disclosed that it has halted disbursements and funding for projects in Afghanistan in the wake of the Taliban takeover. Recall that Taliban fighters on August 15 invaded Kabul and took over power after the Afghanistan, Ashraf Ghani fled. According to the bank,\u00a0it plans to monitor the current situation and consult \u201cclosely\u201d [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":16980,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[37],"tags":[5638,16632,16633,4522],"class_list":["post-75286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-afghanistan","tag-imf-spokesperson","tag-taliban-takeover","tag-world-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>10 days after Taliban takeover, World Bank halts payment for projects in Afghanistan<\/title>\n<meta name=\"description\" content=\"The World Bank has disclosed that it has halted disbursements and funding for projects in Afghanistan in the wake of the Taliban takeover.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/08\/26\/10-days-after-taliban-takeover-world-bank-halts-payment-for-projects-in-afghanistan\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 days after Taliban takeover, World Bank halts payment for projects in Afghanistan\" \/>\n<meta property=\"og:description\" content=\"The World Bank has disclosed that it has halted disbursements and funding for projects in Afghanistan in the wake of the Taliban takeover. 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