Opinion Banking & Finance Let’s make it faster and cheaper to send money home Millions of families depend on the funds sent by loved ones overseas. Policymakers and industry must simplify the process now August 2, 2022
Afghan economy ‘dire’ as household incomes shrink The outlook for Afghanistan’s economy is dire with per capita income having fallen by over a third in the last four months of 2021 after the Islamist Taliban seizedpower and foreign forces withdrew, the World Bank said. “One of the poorest countries in the world has become much poorer,” said Tobias Haque, World Bank senior […] May 3, 2022
Education $600m projects frozen as Taliban issues school ban for girls The World Bank has put four projects in Afghanistan worth $600 million on hold amid concerns over a decision by the country’s ruling Islamist leaders to ban girls from returning to public high schools, the bank said. The projects, to be funded under the revamped Afghanistan Reconstruction Trust Fund, were being readied for implementation by […] April 27, 2022
