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Humanitarian Exchange Facility (HEF) for Afghanistan

Abstract*

The Project Development Objective is to facilitate the financial flows of humanitarian aid into Afghanistan while supporting import operations of eligible local businesses through the establishment and operation of a currency exchange facility, the “Humanitarian Exchange Facility” (HEF). The proposed grant will finance the set up and the operational costs connected with the HEF operationalization. The project aims to fund the required operational...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Project Development Objective is to facilitate the financial flows of humanitarian aid into Afghanistan while supporting import operations of eligible local businesses through the establishment and operation of a currency exchange facility, the “HumanitarianExchange Facility” (HEF).

Key Details

Project Details

  • P178783

  • Dropped

  • Namoos Zaheer

  • United Nations Office for Project Services

  • Afghanistan

  • March 22, 2022

  • (as of board presentation)

    July 31, 2024

  • N/A

  • US$ 5.00 million

  • United Nations Office for Project Services

  • South Asia

  • 2024

  • US$ 5.00 million

  • N/A

  • Low

  • December 31, 2024

  • Yes

  • CONCEPT REVIEW

  • December 19, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Afghanistan Resilience Trust Fund 5.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument
Grant Amount 5.00
Total Project Cost** 5.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • A minimum of US$180 million mobilized annually for humanitarian/development agencies with the equivalent amount of critical goods and services delivered to participating Afghan entities.Value0.000.00180000000.00
    DateApril 22, 2022December 31, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • # of participating Afghan entitiesValue0.000.0050.00
    DateApril 22, 2022December 31, 2023
    Comment
  • # of participating humanitarian entities.Value0.000.0020.00
    DateApril 22, 2022December 31, 2023
    Comment