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Ministry of Finance Repays Debts from Previous Government

The Ministry of Finance says that in the past three years, it has paid nearly 2.7 billion afghani in debts owed to the World Bank and the Asian Development Bank.

According to Ahmad Wali Haqmal, spokesperson for the Ministry, around 1.9 billion afghani were paid to the Asian Development Bank, and 910 million afghani to the World Bank.

"If we count foreign institutions, they owe nearly $1.4 billion, and most of these debts are long-term, ranging from 5 to 10 years, or even up to 30 years. Once the term is completed, these debts will be repaid according to the leadership's directives," he said.

Abdul Shakoor Hadawal, an economic expert, said: "They also intend to return to the country to continue their activities, especially to complete those projects that have been left unfinished."

Statistics from the Ministry of Finance show that around $1.54 billion in debt remains from the previous government from some foreign institutions and several countries.

According to the data, debts owed to the World Bank, the Asian Development Bank, the International Monetary Fund, the Saudi Fund, the Kuwait Fund, Italy, Bulgaria, and several other entities remain unpaid by the previous government.

"There are countries as well as institutions like the Saudi Fund, the World Bank, the Asian Development Bank, and the Kuwait Fund. Both countries and international institutions are involved in these debts," Ahmad Wali Haqmal said.

The Chamber of Commerce and Investment expressed optimism about the repayment of foreign institution debts and stated that funding institutions like the World Bank and the Asian Development Bank should return to Afghanistan and resume their activities.

Mohammad Younus Mohmand, the First Deputy of the Chamber of Commerce and Investment, said: "All of Afghanistan is tied to half-finished projects — carpenters owe cloth sellers, and cloth sellers owe the cement suppliers. This creates a type of challenge. If the World Bank and the Asian Development Bank restart their unfinished work, I believe it will play a significant role in Afghanistan's economy, and I hope they will begin their operations."

Since the return of the Islamic Emirate to power, several international institutions have suspended their activities in Afghanistan. Among these, around 45 projects funded by the World Bank have also been halted in Afghanistan.

Ministry of Finance Repays Debts from Previous Government

Statistics from the Ministry show that around $1.54 billion in debt remains from the previous government from some foreign institutions and several countries.

تصویر بندانگشتی

The Ministry of Finance says that in the past three years, it has paid nearly 2.7 billion afghani in debts owed to the World Bank and the Asian Development Bank.

According to Ahmad Wali Haqmal, spokesperson for the Ministry, around 1.9 billion afghani were paid to the Asian Development Bank, and 910 million afghani to the World Bank.

"If we count foreign institutions, they owe nearly $1.4 billion, and most of these debts are long-term, ranging from 5 to 10 years, or even up to 30 years. Once the term is completed, these debts will be repaid according to the leadership's directives," he said.

Abdul Shakoor Hadawal, an economic expert, said: "They also intend to return to the country to continue their activities, especially to complete those projects that have been left unfinished."

Statistics from the Ministry of Finance show that around $1.54 billion in debt remains from the previous government from some foreign institutions and several countries.

According to the data, debts owed to the World Bank, the Asian Development Bank, the International Monetary Fund, the Saudi Fund, the Kuwait Fund, Italy, Bulgaria, and several other entities remain unpaid by the previous government.

"There are countries as well as institutions like the Saudi Fund, the World Bank, the Asian Development Bank, and the Kuwait Fund. Both countries and international institutions are involved in these debts," Ahmad Wali Haqmal said.

The Chamber of Commerce and Investment expressed optimism about the repayment of foreign institution debts and stated that funding institutions like the World Bank and the Asian Development Bank should return to Afghanistan and resume their activities.

Mohammad Younus Mohmand, the First Deputy of the Chamber of Commerce and Investment, said: "All of Afghanistan is tied to half-finished projects — carpenters owe cloth sellers, and cloth sellers owe the cement suppliers. This creates a type of challenge. If the World Bank and the Asian Development Bank restart their unfinished work, I believe it will play a significant role in Afghanistan's economy, and I hope they will begin their operations."

Since the return of the Islamic Emirate to power, several international institutions have suspended their activities in Afghanistan. Among these, around 45 projects funded by the World Bank have also been halted in Afghanistan.

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