World Bank initiates consultations on post-peace pact initiatives for Afghanistan economic development

Must Read

Howdy, Modi! : World media reactions on Modi-Trump’ grand Houston Event address

New Delhi, Sep 23: United States President Donald Trump and Indian Prime Minister Narendra Modi on late Sunday shared...

Howdy Modi : Modi-Trump mark history in US-India relationship with great show at Houston

Houston, Sep 22:  Modi, delivering his speech at the historic event, talks about the development underwent over five years...

ECI announces dates of Maharashtra & Haryana elections; Single Phase Election on October 21; Result on 24th

Election Commission of India has announced the dates of much-awaited state elections. According to the Chief Election Commissioner, Sunil...

Kabul, August 22: The World Bank has on Wednesday kicked-off consultations with the stakeholders for economic initiatives to encourage and support peace in war-torn Afghan nation following a possible political settlement reached with the Taliban, insurgent outfit.

In an official statement on Thursday, the World Bank said the international outfit was now seeking a broader input from all parties and stakeholders and made several draft documents public through posting in online on its official handle to facilitate the peace.

The World Bank, at the 2018 Geneva ministerial summit on Afghanistan, was tasked with supporting the plans for post-settlement economic-development programmes and projects following discussions, as per the statement, according to Tolo news.

Henry Kerali, the World Bank country director for Afghan, said the proposed consultations with all parties will be service of numerous purposes.

“First, we want to show that a peace agreement can bring substantial economic benefits to all Afghans and is in the interest of all parties involved in the ongoing conflict. Second, we want to identify potential principles and themes to guide programming decisions following a settlement. Finally, we want to provide some concrete ideas about the kind of programs that could be scaled up or initiated to maintain peace and realize new economic opportunities in Afghanistan,” Mr. Kerali said.

He also noted the consultations appeared at a critical time for the war-ravaged nation. “The World Bank is merely providing technical analysis and is not involved in any negotiations; our priority is to plan for the future of Afghanistan,” he said.

Kerali added, “Peace prospects can improve if the right economic conditions are in place and create job opportunities for those who might otherwise take up arms”.

The statement added the consultations are likely to continue until a peace arrangement is reached, as well as until the new decision-taking panels are made.


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Malware stealing ATM card details of Indians traced to N.Korea

New Delhi, Sep 23 (IANS) A malware created to infiltrate Indian ATMs and steal customers card data has been...

Six died in Bengal due to NRC panic, claims Mamata

Kolkata, Sep 23 (IANS) West Bengal Chief Minister Mamata Banerjee on Monday pulled up the Bharatiya Janata Party (BJP) for creating panic through a...

Trouble for Nath as 1984 riots witness deposes before SIT

New Delhi, Sep 23 (IANS) In more trouble for senior Congress leader and Madhya Pradesh Chief Minister Kamal Nath, Mukhtyar Singh, a witness in...

Hasan Minhaj denied entry at Howdy Modi event: Report

New York, Sep 23 (IANS) Indian-origin stand-up comedian Hasan Minhaj was allegedly barred from entering Prime Minister Narendra Modi's 'Howdy Modi' rally in Houston...

Gokulam rope in Kaizen Sports & Fitness as kit sponsors

Kozhikode, Sep 23 (IANS) Gokulam Kerala FC have signed a three-year kit sponsorship deal with Kaizen Sports and Fitness, a sporting goods business company...
- Advertisement -

More Articles Like This