The European Union mission in Afghanistan in collaboration with the World Bank convened more than 25 small and large-scale Afghan businessmen and women to understand their challenges and obstacles.

With the publication of its new report on Afghanistan's economic situation, the World Bank announced a 90% increase in exports, stability of the exchange rate, and a decrease in inflation in the first nine months of 2022.

The Supreme Council of Da Afghanistan Bank will hold a two-day meeting in Kabul.

The Norwegian Foreign Minister said that, Norway announced its package of NOK 220 million (approximately $22 million) for the UN and World Bank to enhance food security and provide basic services.

We will provide $22 million via the United Nations and the World Bank to enhance food security and basic services, including health education and health in Afghanistan. The government of Norway has announced.

The practical work on Mes Aynak project will begin soon and that this will provide job opportunities for many citizens. The Ministry of Public Works said.

The World Bank has published a report while referring to the current economic situation in Afghanistan, calling it challenging and stating that the country's gross domestic product will have a negative growth of 30-35% this year.

Many businesses in Afghanistan are adjusting to the new business environment but most still face daunting challenges. The World Bank said.

Officials say the Kabul municipality has brought in more than 4 billion Afs over the last year.

Afghanistan owes $1.4 billion in debt to foreign countries and major financial institutions.

In order to fight the humanitarian crisis as the economic crisis surge in the country, we needs premature measure plans, said the World Bank.

By publishing a report, the World Bank has introduced the countries with the most severe food and debt crises. According to this report, Afghanistan, Eritrea, Mauritania, Somalia, Sudan, Tajikistan and Yemen have been declared as the poorest countries.

US and Islamic Emirate of Afghanistan (IEA) officials have exchanged proposals for the release of billions of dollars from Afghan central bank reserves held abroad into a trust fund.

The United Nations Development Program (UNDP) says it has signed a $20 million partnership agreement with the World Bank to support humanitarian, economic and social initiatives in Afghanistan.

Russia’s special envoy to Afghanistan has said that his country is not following the West in recognizing the current government in Afghanistan, adding that it may recognize the government of the Islamic Emirate.

The World Bank has allocated $ 150 million to support Afghanistan, according to officials from the Food and Agriculture Organization of the United Nations. It is said that this budget will be used to increase wheat production and farmers' access to water resources.

The World Bank have approved three projects totaling $793 million to deliver urgent and essential food, livelihood, and health services to Afghans.

The World Bank announced yesterday (Friday, June 3th) a $ 793 million budget allocation for Afghanistan. According to the organization, the budget will focus on three major projects in the areas of food security, rehabilitation and livelihood of Afghan society, and the provision of essential health services.

This comes as World Bank indicates growth picked up in Afghanistan in 2019, but insecurity is holding back economy

The World Bank Group has approved a $98.8m financing package, comprising a mix of guarantees, a loan, and swaps, for two gas-to-power energy projects in Afghanistan.