World Bank to Resume Operations in Afghanistan

It is reported that the World Bank plans to reopen its office in Afghanistan in the coming weeks.

A reliable source told Hasht-e Subh on Tuesday that the employees of World Bank will return to Kabul soon.

It is said that this decision was taken after the persuasion of countries and institutions that interact with the Taliban.

According to the source, the decision to reopen this office in Afghanistan is final, and an understanding has also been reached regarding the printing of AFN banknotes, as well as the release of the country’s foreign exchange reserves.

Prior to this, the Wall Street Journal had reported that the US has stopped negotiating with the Taliban on the release of Afghanistan’s frozen assets.

However, the source added that the decision to reopen the World Bank office would face opposition if it is taken without considering the views of the US and its allies.

After the Taliban seized control of the country, the World Bank stopped its activities in Afghanistan which has left behind an adverse effect on the economic situation of the country.

All the infrastructure and development projects that the World bank was funding were suspended which directly affected the economic flow of the country.