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WB promises $46m in incentive grant to MoF

WB promises $46m in incentive grant to MoF

Dec 19, 2017 - 20:04

KABUL (Pajhwok): The Ministry of Finance (MoF) on Tuesday said the World Bank (WB) has promised $46 million as an incentive grant for reforms in the ministry’s revenue department.

Ajmal Hamid Abdul Rahimzai, MoF spokesman, said after the MoF honored and implemented its pledges with WB about reforms in its revenues department, the WB again promised an assistance of $46 million as incentive aid to the MoF

He said the money provided by the WB would be spent through the National Budget on further reforms based on government’s priorities.