Source · Select Committees · International Development Committee
Recommendation 23
23
Paragraph: 99
We welcome the steps the Government has taken to help free up the funds from...
Conclusion
We welcome the steps the Government has taken to help free up the funds from the Afghanistan Reconstruction Trust Fund. However, the World Bank’s progress on releasing those funds has been agonizingly slow. Political and bureaucratic wrangling is impeding the release of over $1 billion already set aside for the Afghan people.
Paragraph Reference:
99
Government Response
Acknowledged
HM Government
Acknowledged
The UK has been, and continues to be, a leading voice supporting the repurposing of the Afghanistan Reconstruction Trust Fund. We were instrumental in supporting the announcement of 10 December 2021 transferring out $280 million of available funds to support the World Food Programme and UNICEF. We were equally instrumental in paving the way for the repurposing of the remaining funds in support of health care, education, agriculture and community development, announced on 1 March.