Exclusive-World Bank proposal would shift $600 million from Afghan trust
[ad_1]
© Reuters. FILE PHOTO A participant poses near the logo of World Bank during the International Monetary Fund-World Bank Annual Meeting 2018, in Nusa Dua (Bali, Indonesia), October 12, 2018. REUTERS/Johannes P. Christo/File photoWASHINGTON, (Reuters) – The World Bank management approved a plan that would repurpose $600million of just over $1Billion in frozen funds to help Afghan families, communities and education.
Sources said that the World Bank’s Board will review the proposal March 1. The decision to disburse the funds is up to donors to the Afghanistan Reconstruction Trust Fund.
Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]