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Interest of $270 million earned so far from Afghanistan’s frozen assets

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Anwar ul-Haq Ahady, a member of the board of directors of the Afghanistan Trust Fund (ATF) in Switzerland, says the fund has so far earned $270 million in interest.

Ahady told Radio Azadi on Wednesday that this interest, earned from the $3.5 billion, can be used in Afghanistan if necessary.

“Some projects, some basic expenses of the government or the government that they do not have the power to pay and are necessary for the people of Afghanistan are also used there. But in any case, four members of the board must fully agree for such expenses.

“In the last meeting, more than a month ago, on January 29, a decision was made that if the Afghan government cannot pay the loan of the Asian Bank … and they insist that we pay, then it is possible to use this money.

“Because the Asian Bank provides humanitarian aid to Afghanistan and we do not want the humanitarian aid of the Asian Bank to be cut off. Of course, the same ruling was in the case of the World Bank, but this loan was paid by the government itself, so there was no need for us,” Ahady told Liberty radio.

At the same time, Ahady said all four board members need to agree to the spending of this money.

Turkish TRT news channel said in a report on Wednesday that the officials involved in the discussions about the spending of the money of the Afghanistan Trust Fund say for the stability of Afghanistan’s ruined financial system, it is necessary to release this money.

But according to reports, the four board members, Dr. Anwar ul-Haq Ahady, Dr. Shah Mehrabi, Dr. Jay Shambaugh, and Ambassador Alexandra Baumann, could not agree on how to spend the money, almost 18 months after the establishment of the fund.

A source told TRT that while all board members agree that this money should not be touched, the interest earned should go towards helping the people of Afghanistan.

After the return of the Islamic Emirate to power in August 2021, $7 billion belonging to the Central Bank of Afghanistan was frozen in the United States, half of which has been invested in a Swiss trust account.

The other half and is earmarked to be paid over to the families of 9/11 attacks.

The Islamic Emirate has however tried unsuccessfully to have the fund released.

During the republic, Da Afghanistan Bank, which was responsible for the country’s monetary stability, kept this capital abroad as a monetary support.

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IEA says Iranian drivers no longer need visas to enter Afghanistan

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Mohammad Yousuf Saeedi, spokesperson for the governor of Herat, announced on Friday that Iranian cargo truck drivers will no longer need visas to enter Afghanistan.

Saeedi said that, by order of the leader of the Islamic Emirate, starting Saturday, Iranian transit vehicles will be allowed to enter Afghanistan without a visa or a “road pass.”

According to him, the implementation of this decision will reduce transportation costs and, as a result, lower the prices of goods.

Noor Ahmad Islamjar, the governor of Herat, visited the Islam Qala border crossing on Friday to review the implementation of this order. During the visit, he discussed the details of executing the plan with officials from relevant departments, including representatives from the Ministry of Foreign Affairs, Public Works, Customs, and Transport.

Starting Saturday (March 28), foreign cargo vehicles are expected to enter the Islam Qala border without the need for a visa or road pass, unload their goods, and then return to their destinations.

The statement added that implementing this plan could reduce transportation fares on one hand and, by lowering transport costs, help decrease the prices of goods on the other.

This process will create daily job opportunities for more than 1,000 people.

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Afghans in Iran face growing uncertainty as war enters second month

The organization said that since the start of the war, more than 35,000 Afghans have returned to Afghanistan.

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Millions of Afghans living in Iran are facing increasing uncertainty and hardship as the war in the country enters its second month, according to the Norwegian Refugee Council (NRC).

In a statement, NRC Secretary General Jan Egeland warned that more than four million Afghans residing in Iran are among the most vulnerable groups affected by the ongoing conflict. Many Afghan families have lost their only sources of income as informal work has collapsed amid continuous airstrikes and economic disruption.

According to the NRC, a large number of Afghans live in major cities that have come under heavy attacks. Many are unable to flee to safer areas because they have nowhere to go or lack legal permission to travel.

The organization said that since the start of the war, more than 35,000 Afghans have returned to Afghanistan, while over one million Afghan migrants in Iran remain at risk of deportation to a country already struggling with humanitarian challenges.

Egeland noted that after a month of sustained Israeli and U.S. bombardment across Iran, the civilian population is exhausted and deeply traumatized. Millions of people have already fled their homes in search of safety, while others remain trapped in dangerous conditions.

Reports indicate that thousands of homes, hospitals, and schools have been damaged or destroyed across Iran. NRC staff in Tehran say many neighborhoods have suffered significant destruction, while families are taping their windows to prevent injuries from shattered glass caused by nearby explosions.

The war has also severely disrupted daily life, with internet outages and major disruptions to banking services making it increasingly difficult for residents to access basic needs.

According to available data, about 2,700 people have been killed across the Middle East in attacks involving the United States, Israel, and Iran, with more than half of the casualties reported inside Iran. Iran’s Health Ministry says that between February 28 and March 25, at least 1,500 people were killed and over 18,000 injured in the country.

Humanitarian organizations warn that funding for life-saving assistance in both Iran and Afghanistan remains critically low. Aid agencies say they lack sufficient resources to prevent hunger and provide emergency shelter for displaced families.

Egeland warned that if the war continues, the region could face a far larger humanitarian crisis, with millions potentially forced to flee across borders and placing further pressure on already fragile neighboring countries.

He called on all parties involved in the conflict to respect international humanitarian law, stop attacks on civilians and civilian infrastructure, and work toward a diplomatic solution to end the crisis.

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Russia deems US military presence in Afghanistan unacceptable

Kabulov’s remarks came in response to growing concerns regarding the U.S. military’s presence in the Middle East, particularly amid rising tensions with Iran.

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Russia has strongly condemned any potential return of U.S. military forces to Afghanistan, specifically the possibility of reopening Bagram Air Base, calling such moves “categorically unacceptable.” The statement was made by Zamir Kabulov, the Russian President’s special representative for Afghanistan and senior adviser to the Russian Foreign Ministry, in an interview with RIA Novosti.

Kabulov emphasized that Moscow opposes the establishment of any U.S. or NATO military infrastructure on Afghan soil or in neighboring regions, under any pretext. He also expressed hope that the Taliban-led government in Afghanistan, known as the Islamic Emirate of Afghanistan, would share Russia’s stance on the issue.

Kabulov’s remarks came in response to growing concerns regarding the U.S. military’s presence in the Middle East, particularly amid rising tensions with Iran. There have been reports suggesting that the U.S. might seek access to Bagram Air Base again as part of a strategic pivot in the region.

Recalling the previous administration under former U.S. President Donald Trump, Kabulov noted that the U.S. had persistently sought to regain control of Bagram Air Base following its chaotic withdrawal from Afghanistan in August 2021. “There is nothing new in these demands,” Kabulov stated, referring to the ongoing push by the U.S. to re-establish a military foothold in the region.

Russia’s firm stance reflects its broader geopolitical concerns regarding the influence of the U.S. and NATO near its borders, particularly in Central Asia and Afghanistan.

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