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World Bank offers Afghanistan $691mn for support

IANS  |  Kabul 

The provided a grant of $691 million to to support its efforts in reviving economy and improving access to quality healthcare, the Afghan said on Wednesday.

The new financing will help modernize state-owned banks, expand regional telecommunication connectivity, and create enabling environment for private sector investment, reported.

"Improving the quality of health services, strengthening the infrastructure and digitising will enhance our ability to deliver better and quality services to our people," said

"This contribution demonstrates the continued commitment and support of international community helping the government of implement priority reforms for sustainable development," he said.

is implementing an ambitious reform programme in a context of strong budget pressures imposed by low domestic revenue, massive security spending and enormous development needs, said Shubham Chaudhuri, for Afghanistan.

"In this challenging environment, we remain committed to helping the government of Afghanistan in further improving the service delivery to the Afghan people," he said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 13:42 IST