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Two decades oOf conflict cost US$240 billion: Now Afghanistan will need US$27.5 billion to recover; Donor conference to make initial commitments to consolidate rebuilding efforts.

Publication: M2 Presswire
Publication Date: 31-MAR-04
Format: Online - approximately 893 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 March 2004-WORLD BANK: Two decades oOf conflict cost US$240 billion: Now Afghanistan will need US$27.5 billion to recover; Donor conference to make initial commitments to consolidate rebuilding efforts(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:03292004

BERLIN - The cost...

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...total over the past two decades of conflict in Afghanistan as measured in terms of lost growth and the cost of humanitarian assistance and military expenditure could have amounted to roughly US$240 billion, according to World Bank calculations.

This figure stands in sharp contrast to the US$100 a year for every Afghan for the next seven years that the country's government is lobbying for at a donor conference in Berlin this week. A new report entitled Securing Afghanistan's Future, prepared by the Government of Afghanistan with support from the World Bank, the Asian Development Bank...

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