WASHINGTON (Reuters) – The World Bank’s management has signed off on a proposal that would repurpose $600 million of the just over $1 billion in funds left in a frozen trust to benefit Afghan education, families and communities, a source familiar with the plan said.
The World Bank’s board is due to discuss the proposal on March 1, with a final decision on disbursement of the funds left up to the donors of the Afghanistan Reconstruction Trust Fund, the source said.
(Reporting by Andrea Shalal; editing by Michelle Nichols and Jonathan Oatis)
