| July 30, 2004 The South Asia External Affairs team has a pilot project to provide broadcast quality audio clips for news organizations and interested parties in a timely manner.Â
AfghanistanWorld Bank Establishes Investment Credit Facility for Investors in Afghanistan         July 29, 2004 The World Bank today approved a credit to Afghanistan for the financing of a political risk insurance program. The Afghanistan Investment Guarantee Facility (AIGF) will significantly encourage foreign investment in Afghanistan by providing political risk insurance with coverage capacity of up to US$60 million. The World Bank’s Multilateral Investment Guarantee Agency (MIGA) will administer the facility. |  Country Director Alastair McKechnie discusses the need for more investment (31 seconds) |      |  >>> download the audio 487kb mp3 |
| Country Director Alastair McKechnie explains MIGA's risk insurance (35 seconds) |                |  >>> download the audio 277kb mp3 |
World Bank Increases Grant Support To Afghanistan                                    July 29, 2004 Nearly half a billion dollars of World Bank commitments to Afghanistan are expected to be in grant funding by June of next year. By then, total commitments from the International Development Association (IDA) are expected to be US$893 million, of which US$456 would be grant funding. The large proportion of grant funding to Afghanistan recognizes the scale of the challenge facing this nation as it recovers from a 20-year conflict.
|  Country Director Alastair McKechnie on the World Bank's commitment to Afghanistan (37 seconds) |        | >>> download the audio 582kb mp3 |
World Bank Supports Education in Afghanistan                                    July 29, 2004 A US$35 million grant was approved today by the World Bank to improve access to, and quality of education in Afghanistan. As the country emerges from years of neglect to the sector, good quality education becomes a crucial component of the country’s long-term development strategy. |  Country Director Alastair McKechnie on education needs in Afghanistan (38 seconds) |        | >>> download the audio 603kb mp3 |
World Bank Supports Kabul Urban Reconstruction Project                                    July 29, 2004 The Kabul Urban Reconstruction Project will support reconstruction and rehabilitation in some of Kabul's most vulnerable neighborhoods, and, in so doing, help mend the urban fabric of this important city now struggling to accommodate many thousands of returnees. Creating stable land tenure systems - clear ways for people to property - is essential. Building capacity in both the Ministry of Urban Development and Housing (MUHD) and Kabul Municipality is an additional critical component of the project. |  Country Director Alastair McKechnie describes the benefits for Kabul residents (19 seconds) |                | >>> download the audio 305kb mp3 |
| Country Director Alastair McKechnie on the importance of property rights reforms (19 seconds) |        | >>> download the audio 305kb mp3 |
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