WASHINGTON (Reuters) – The executive board of the World Bank on Tuesday approved a plan to use more than $1 billion from a frozen Afghanistan trust fund to fund urgently needed education, agriculture, health and family programs, a source familiar with the decision said.
The move, which will bypass sanctioned Taliban authorities by disbursing the money through U.N. agencies, will provide a major boost to efforts to ease the country’s worsening humanitarian and economic crises.
(Reporting by Andrea Shalal; Editing by Leslie Adler)