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World Bank approves $500 million financing package for Afghanistan

World Bank approves $500 million financing package for Afghanistan
Afghan children play on a manually operated ferris wheel in Kabul, Afghanistan. Photo: Reuters
Published: 6:55 AM, June 14, 2017

WASHINGTON - The World Bank on Tuesday approved financing worth more than $500 million for Afghanistan to support a string of programs to boost the economy and help improve services in five provincial capitals.

"The package will help Afghanistan with refugees, expand private-sector opportunities for the poor, boost the development of five cities, expand electrification, improve food security and build rural roads," the World Bank said in a statement. REUTERS