Who has suspended financial support to Afghanistan?published at 17:14 British Summer Time 25 August 2021
Reality Check
According to the US government’s Special Inspector General for Afghan Reconstruction (Sigar), 80% of Afghanistan's budget has come from foreign aid sources.
Since the Taliban took control of the country:
- The World Bank has paused all reconstruction and development projects
- The IMF has withheld access to $440m due to have been released this month
- Afghan central bank assets held in the US have been frozen (around $7bn).
Some individual countries have also suspended their aid programmes.
- Germany has halted its $300m programme for this year
- Finland and Sweden have also done so.
The EU is halting development assistance payments (ODA) but says it may increase humanitarian aid. It had committed $1.4bn in ODA funding to Afghanistan from 2021 to 2024.
On 19 Aug, the UK announced a substantial increase of UK funding to £286m in aid for 2020-2021. The government has not clarified how this support will be affected by the Taliban takeover.
At an international donor conference held in November last year, a total of $12bn was pledged over the next four years. It’s not clear how these pledges will be affected by the current crisis.