ABUL(Pajhwok): The Asian Development Bank (ADB) on Wednesday announced approval of a $415 million grant to boost Afghanistan’s energy supply and strengthen its cross-border trade in energy.
The assistance comprises $188.23 million from the Asian Development Fund, $1 million from China’s Regional Cooperation and Poverty Reduction Fundand $225.77 million co-financing from the Afghanistan Infrastructure Trust Fund (AITF).
Senior Energy Specialist in ADB’s Afghanistan Resident Mission Asad Aleemsaid: “Insufficient energy supplies constrain growth and income opportunities that can fuel ethnic . . .
