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Sanctions make IEA unable to launch major economic projects: ministry
The Islamic Emirate of Afghanistan’s (IEA) finance ministry says in the last sixteen months, the international sanctions on the Afghan banking system have made the government unable to put Afghanistan on the path of economic growth and development.
Ahmad Wali Haqmal, a spokesman for the Ministry of Finance, has said that these sanctions had the most effects on the people of Afghanistan and that Kabul wants all economic sanctions to be lifted by the international community.
“Over the past 15 months, our major problem was the frozen assets of Afghan people and restrictions on the banking system which has affected our activities and economy,” said Haqmal.
According to the officials of the finance ministry, sanctions have made them unable to undertake large economic projects.
A number of investors, however, have expressed that the flow of money transfer has not returned to normal and that they cannot freely transfer money through global systems.
Economic experts meanwhile have said that the finance ministry should increase its contact and coordination with international financial institutions in order to find a way to solve these problems.
According to economic experts, until financial problems in banks are not resolved and sanctions are not lifted, investors will face problems in their investments in Afghanistan.
Zalmay Khalilzad, the former US special representative for Afghanistan, has questioned Pakistan’s commitment to the welfare of the Afghan people, citing Islamabad’s policies over the past three decades.
Khalilzad said in a post on X that Pakistani Prime Minister Shehbaz Sharif advocated for the rights of Afghan women during his speech at the UN General Assembly on Friday.
Sharif said: “Fundamental rights of the Afghan people — especially women and girls — must be respected.”
Responding to the remarks, Khalilzad said Pakistan’s policies over the past 30 years raise questions about Sharif’s commitment to Afghan welfare.
He cited Pakistan’s support for militant groups against US forces and what he described as the poor treatment of Afghan refugees as examples.
Khalilzad also said Afghanistan and Pakistan need and should have much better relations, adding that “a reset is necessary.”
India’s Foreign Secretary Vikram Misri met with the UN Secretary-General’s Special Representative for Afghanistan, Rabab Fatima, on the sidelines of the United Nations General Assembly.
Indian Foreign Ministry spokesperson Randhir Jaiswal said in a post on X that Misri underscored the need to keep addressing the humanitarian needs of the Afghan people as a priority.
Misri also appreciated the role of the UN Assistance Mission in Afghanistan (UNAMA) and reaffirmed India’s continued cooperation with the United Nations on Afghanistan.
The meeting comes as Afghanistan continues to face humanitarian and economic challenges, with international agencies warning of significant needs among the Afghan population.
Kazakhstan’s Foreign Minister Mukhtar Tileuberdi has called for pragmatic and coordinated international engagement with Afghanistan, saying the country’s long-term stability is closely linked to the security and sustainable development of Central Asia.
Speaking during the general debate of the 81st session of the United Nations General Assembly in New York on Friday, Tileuberdi said humanitarian assistance to Afghanistan remains essential but alone cannot break the cycle of poverty, displacement and dependency.
He said Kazakhstan supports a “pragmatic, coordinated and step-by-step” approach to international engagement with Afghanistan, with the United Nations playing a central role.
Tileuberdi also said Kazakhstan is working with the UN to operationalize the United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan in Almaty.
He said the success of the centre should be measured by the results and assistance it delivers to the region.
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