World Bank rules out aid resumption to Afghanistan

President of World Bank David Malpass on Tuesday said that it is unlikely for them to resume direct aid to Afghanistan citing challenges in the payment system of the country.

The World Bank suspended its financial aid to Afghanistan at the end of August this year after the Taliban took over the entire country.

Speaking at the Center of Strategic and International Institute in Washington, David Malpass said that there is not the ability to have money actually flow given what the government is doing in Afghanistan.

The Taliban are not only deprived of the foreign aid from World Bank and similar organizations but also of the billions of assets now frozen in the central banks of the United States.

Though the US has lifted sanctions on humanitarian aids to Afghanistan, the Taliban have repeatedly been asking for the release of over $9 billion assets of Afghanistan.

Not only the Taliban and people of Afghanistan but Pakistan, Russia, and China have also demanded the money to be unfrozen as they belong to the people of Afghanistan, not the government.

International aid organizations have also demanded the money to be spent on humanitarian spares through them to prevent the worst humanitarian disaster awaiting the people in Afghanistan.