Joint Development Cooperation Committee approves a 10 million Euros contribution to the Afghanistan Reconstruction Trust Fund (ARTF)

Joint Development Cooperation Committee approves a 10 million Euros contribution to the Afghanistan Reconstruction Trust Fund (ARTF)

On 19 May 2017 an Italian contribution of 10 million Euros to the Afghanistan Reconstruction Trust Fund (ARTF) was approved in Rome by the Joint Development Cooperation Committee.

The Afghanistan Reconstruction Trust Fund (ARTF) was established in 2002 to provide a coordinated financing mechanism for the Government of Afghanistan’s budget and priority national investment projects. The Fund is based around investments that support core national priorities in line with the Afghanistan National Development Strategy (ANDS). In 2010, the Government set out 22 National Priority Programs (NPPs) and reached agreement with donors that at least 80% of donor assistance would be in line with these priorities. The ARTF is one of the important mechanisms by which the international community can support these NPPs. As of April 2016, donors have contributed over US$9 billion for service delivery and reconstruction across the country.

Today, the ARTF remains the vehicle of choice for pooled funding, with low transaction costs, excellent transparency and high accountability, and provides a well-functioning arena for policy debate and consensus creation. It is the largest single source of on-budget financing for Afghanistan’s development and is delivering important results within key sectors including education, health, agriculture, rural development, infrastructure, and governance. The ARTF is supported by 34 donors and administered by the World Bank.

For further information on the ARTF, www.artf.af.

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