KABUL, provide new funds to boost supply and promote cross-border trade in energy.
The grants include $750 million from ADB’s Special Funds resources, and up to $450 million from the Afghanistan Infrastructure Trust Fund, which will be administered by the Manila-based bank.
In a statement, ADB said the funds would be disbursed in multiple tranches, with the first amounting to $275 million earmarked for release this year. The remaining tranches will follow through to 2025.
Afghanistan’s energy demand has grown . . .
JK
Javed Hamim Kakar
