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LOANS & CREDITS May 7, 2020

َAfghanistan: Incentive Program Development Policy Grant Project

The World Bank Board of Executive Directors today approved: 

World Bank Approves $400 Million to Sustain Afghanistan’s Reform Momentum, Mitigate COVID-19 Crisis

IDA Grant: $160 million  

Afghanistan Reconstruction Trust Fund (ARTF): $240 million 

Project ID: P172211

Project Description: The grant aims to help Afghanistan sustain the pace of key economic and public finance reforms, and support the country to manage current risks and uncertainties compounded by the COVID-19 crisis.