Humanitarian Trust Fund for Afghanistan – UPSC Prelims

Humanitarian Trust Fund for Afghanistan:
  • The fund will be set up under the Islamic Development Bank to channel aid to Afghanistan in coordination with other groups.
  • Aim: To address the growing economic crisis in Afghanistan, which has left millions facing hunger over the winter.
  • Significance: This fund is crucial, as allowing Afghanistan access to financial resources would be pivotal to preventing economic collapse.
Islamic Development Bank:
The Islamic Development Bank is a multilateral development finance institution that is focused on Islamic finance.
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