CURRENT AFFAIRS

Detailed explanation-1: -The World Bank In Afghanistan. The World Bank, in close coordination with the international community, development partners, and the Afghanistan Reconstruction Trust Fund (ARTF) donors, is unlocking ARTF funds to support the Afghan people and deliver critical health, education and livelihoods support.

Detailed explanation-2: -To help the community meet their basic needs such as food, clothing, shelter, medicines and utilities, the International Committee of the Red Cross (ICRC) gave unconditional cash grants of 20, 000 Afghanis (AFN) each, approximately 230 US dollars, to 2, 357 families between June and September 2022.

Detailed explanation-3: -After contracting significantly, the economy has reached an inflection point and is likely plateauing around a low-level equilibrium. While inflation remains high, some indicators have improved: exports have increased, exchange-rate volatility has reduced, and domestic revenue collection is relatively healthy.

Detailed explanation-4: -The official estimate for Afghanistan’s GDP was $59 billion at the end of 2022 in puchasing power partity terms.