The Ministry of Finance of Afghanistan announced that Ministry of Economic Cooperation and Development of Germany has committed to invest € 59 million in good governance, sustainable economic development, and urban development and infrastructure in municipalities of Afghanistan.
“Germany has pledged to invest € 59 million in these sectors and also allocate € 100 million to the Afghanistan Reconstruction Trust Fund (ARTF),” Ministry of Finance said in the statement.
According to the Ministry of Finance, €100 million was allocated to the Afghanistan Reconstruction Trust Fund, € 60 million of which is subject to the implementation of reforms that was jointly agreed upon in the framework of the Geneva Summit’s mutual accountability.
Since 2001, Germany has invested a total of 4.06 billion euros in Afghanistan.
