The World Bank has suspended funding for projects in Afghanistan after the Taliban took control. The World Bank has expressed concern about the impact of the country’s projects, especially those related to women, after the Taliban’s occupation in Afghanistan.
The World Bank’s decision to stop providing funds to Afghanistan is a major setback for the new government. The International Monetary Fund announced last week that Afghanistan would not be able to access Monetary Fund resources.
The US has also frozen the assets of the central bank of Afghanistan. ‘The Afghanistan Bank’ has reserves of about 9 billion US dollars. Most of this money is in the US.
A few days after the Taliban took control of Afghanistan, the White House said that none of the assets of the Central Bank of Afghanistan in the US would be made available to the Taliban.
