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Kabul, World Bank sign $100m grant agreement

· 2 min read · 283 views

KABUL Bank on Sunday signed a $100 million grant agreement to improve management of public finances by strengthening the capacity of the core government agencies involved.

President Ashraf Ghani was present when Finance Minister and Eklil Hakimi and World Bank country director for Afghanistan Shubham Chaudhuri signed the agreement at the Presidential Palace, a statement from the bank said.

Under the agreement, a $100 million grant will be provided for the Fiscal Performance Improvement Support Project (FSP) designed to improve management of Afghanistan’s public finances . . .

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