- publish: 3 November 2019
- time: 5:26 pm
- category: Excerpted
- No: 11255
72 million euros pledged to Afghanistan by Germany
Germany has pledged 72 million euros in aid to Afghanistan.
The announcement was made during a meeting between State Secretary of the German Federal Ministry for Economic Cooperation and Development, Martin Jaeger, and Afghan Acting Finance Minister Mohammad Humayon Qayoumi, in Kabul on Sunday.
It brings up the total commitment to Afghan-German Cooperation projects in 2019 to 211 million euros.
“Germany is prepared to continue to support Afghanistan on its path towards peace and democracy,” Jaeger said. “Any future support needs to build upon the development gains made since 2001, particularly those which have benefitted women and girls. Germany will continue to play a prominent role as a long-term supporter of Afghanistan.”
Meanwhile, Qayoumi said that contributions to good governance, sustainable economic development and employment, urban development and municipal infrastructure will help the Afghan government move towards efficiency and self-sustainability.
According to finance ministry, Germany is eager to maintain its commitment as long as the Afghan government increases its anti-corruption measures, promotes good governance, and implements agreed reforms.
It said that part of the funding can be withheld if conditions are not met.
Of the new 72 million euro commitment, 53.5 million euros is allocated for ongoing projects, including the improvement of power supply by renewable energy and energy efficiency, Kunduz-Kholm national highway, and the Regional Infrastructure Development Fund.
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