World Bank pauses disbursements in its operations in Afghanistan, saying it is 'deeply concerned' by the situation in the country, especially regarding women's rights, a bank spokesperson says
Afghan children fill water containers from a public water tap near damaged houses after air strikes in two weeks ago during a fight between government forces and the Taliban in Lashkar Gah, Helmand province, southwestern, Afghanistan, on August 21, 2021.
"We are deeply concerned about the situation in Afghanistan and the impact on the country's development prospects, especially for women." The International Monetary Fund also suspended operations with the country, including an existing $370 million loan program, as well as $340 million Kabul was due to receive from Monday's release of Special Drawing Rights , the lender's basket of currencies.
The spokesperson said the development lender "will continue to consult closely with the international community and development partners." Afghanistan relies heavily on foreign aid and is facing economic collapse after foreign countries and institutions said they would withhold aid and monetary reserves.
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