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Latest World Bank decision will support millions of Afghans: IRC

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The International Rescue Committee (IRC) has welcomed the latest move by the World Bank to use International Development Association (IDA) funds to scale up support to Afghanistan and expand the scope of its programs, saying these funds will support the delivery of services and access to jobs for Afghans who are continuing to endure a major humanitarian crisis as a result of decades of conflict, climate change and economic turmoil. 

IRC in a statement said that the focus of Approach 3.0 of the World Bank includes the delivery of livelihoods support which will support Afghanistan to at least maintain the current trajectory of low-level economic growth.

“This will be critical to maintaining and stabilizing the Afghan economy, while ensuring the survival of businesses and sources of income for millions. However, Afghanistan’s economic crisis remains the primary driver of the high level of humanitarian needs across the country,” the statement said.

IRC stated that although the announcement of Approach 3.0 represents a new milestone for meeting basic needs in Afghanistan, IRC urges other donors to recognise their role in continuing to contribute to both the delivery of basic services through the World Bank’s Afghanistan Resilience Trust Fund (ARTF) and to the humanitarian response.

All contributions are vital to sustaining support for Afghans, and the international community must continue to provide funding to sustain basic services and prevent the humanitarian crisis from worsening, it added.

A week ago, the World Bank Group announced that its executive board endorsed a new approach to aiding Afghanistan that will deploy some $300 million from the bank’s International Development Association fund for poor countries through United Nations agencies and other international organizations.

The shift marks the first time that the World Bank’s own funds would be sent to Afghanistan since the Islamic Emirate of Afghanistan (IEA) seized power in August 2021.

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6.1-magnitude earthquake hits Afghanistan, epicenter in Badakhshan

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A 6.1-magnitude earthquake struck Afghanistan on Saturday afternoon, according to the United States Geological Survey (USGS).

The quake’s epicenter was reported in Jurm district of Badakhshan province, with a depth of 208.3 kilometers.

So far, there have been no immediate reports of casualties or damage following the tremor.

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Delawar says Afghanistan has achieved security and unity after 47 years

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Shahabuddin Delawar, Head of the Commission for Contact with Afghan Personalities, says Afghanistan has achieved security, unified governance, brotherhood, and progress for the first time in 47 years under the administration of the Islamic Emirate of Afghanistan (IEA).

Speaking at a meeting in Kabul on Saturday, Delawar said Afghanistan had lacked a unified system over the past four decades, but added that with the return of the Islamic Emirate, the issue has now been resolved.

Referring to Ashura commemorations held on Friday, he said the occasion was observed peacefully across the country under full security.

Delawar also urged exiled Afghan politicians to return, saying the commission was established to serve Afghans and address the concerns of returning figures. He added that any legal disputes involving returnees would be handled exclusively through the commission.

He further said the Islamic Emirate has expanded treatment centers and intensified anti-narcotics efforts since regaining power, claiming this has led to a significant decline in drug addiction.

Addressing the issue of international legitimacy, Delawar said he understood why the United States has not recognized the Islamic Emirate, arguing that Washington suffered a defeat in Afghanistan that it cannot easily overlook.

“They have suffered a major defeat that they cannot forget; if they recognize us, they will face questions from their own people,” Delawar said.

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EU announces major funding to support Afghan small businesses

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The European Union says it is implementing hundreds of millions of euros in projects to support small and medium-sized enterprises (SMEs) in Afghanistan and help expand economic opportunities across the country.

Speaking to Ariana News, EU Chargé d’Affaires in Kabul, Veronika Boskovic Pohar, said the programs are aimed at creating jobs for skilled workers, women, youth, and returnees, while also strengthening the private sector. She added that alongside international support, Afghan authorities also have a role in facilitating economic growth.

According to Pohar, the EU is currently implementing projects worth €156 million focused on livelihoods, durable solutions, job creation, and women’s economic empowerment. She said an additional €40 million program specifically designed to support returnees will be launched in the near future.

She noted that the EU is gradually shifting its focus from emergency humanitarian aid toward long-term sustainable solutions, particularly for internally displaced people and returnees in Afghanistan.

Meanwhile, the United Nations, marking World Day of Small and Medium Enterprises, said SMEs account for more than 90 percent of businesses worldwide and play a critical role in employment and economic growth.

UN spokesperson Stéphane Dujarric stressed that stronger investment, innovation, and sustainable industrial development are essential to help businesses withstand economic challenges and build resilient economies.

Afghan private sector representatives and economic analysts say greater support for SMEs could help the country address economic challenges faster, increase employment, and promote sustainable long-term development.

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