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Ministry of Economy calls on US to release Afghanistan’s frozen funds
While criticizing the continuation of these pressures, calls on the U.S. to release Afghanistan’s frozen assets and hand them over to the country’s central bank have continued to be made.
The Ministry of Economy has called on the United States to release Afghanistan’s frozen assets and return the funds to the country’s central bank.
Abdul Latif Nazari, the Deputy Minister of Economy, also urged the international community and other countries to lift banking sanctions and restrictions against Afghanistan and for continued humanitarian and developmental aid to help rebuild the country’s infrastructure.
Afghanistan has been experiencing an economic crisis for more than three and a half years, with many citizens facing dire financial conditions. This crisis is largely attributed to the freezing of Afghanistan’s central bank assets by the U.S. and the international community’s banking sanctions on the country.
While criticizing the continuation of these pressures, calls on the U.S. to release Afghanistan’s frozen assets and hand them over to the country’s central bank have continued to be made.
Abdul Latif Nazari, the Deputy Minister of Economy, also emphasized the importance of rebuilding Afghanistan’s infrastructure and urged the international community to support Afghanistan through sustained humanitarian and developmental assistance.
Meanwhile, experts believe that if Afghanistan’s assets are released and economic and banking sanctions are lifted, it could help the country emerge from its economic crisis and improve its financial situation.
This comes after the Islamic Emirate took power in Afghanistan, prompting the United States to freeze more than $9.5 billion of the country’s central bank reserves. However, in 2022, $3.5 billion of these funds were transferred to a trust fund in Switzerland to be used for Afghanistan’s economic aid. Currently, another $3.5 billion remains frozen in U.S. banks, while over $2 billion is held in banks in Europe and the United Arab Emirates.
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Ministries of Public Health and Higher Education sign cooperation agreement
The Ministry of Public Health announced on Tuesday it has signed a cooperation agreement with the Ministry of Higher Education aimed at expanding scientific, research, educational, and technical cooperation.
At the signing ceremony held in Kabul, Noor Jalal Jalali, Minister of Public Health, said that the agreement would lead to significant improvements in the capacity-building of students and doctors, ensure that research is conducted based on evidence, and enable the collection of accurate data.
Meanwhile, Neda Mohammad Nadeem, Minister of Higher Education, described the agreement as beneficial to the public and to both institutions, stressing the need to train individuals at universities who can contribute to social development and make the country self-sufficient in the public health sector.
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UNAMA holds new round of Working Group meetings on counter-narcotics and private sector
The United Nations Assistance Mission in Afghanistan (UNAMA) has convened a new round of Doha Process Working Group meetings focusing on counter-narcotics and private sector development.
The meetings, held in Kabul on February 3 and 9, brought together representatives of UN member states and international organizations, officials of the Islamic Emirate, and subject-matter experts.
According to UNAMA, discussions in the counter-narcotics working group centered on efforts by Islamic Emirate authorities and the international community to support alternative livelihoods for Afghans previously dependent on poppy cultivation and the illicit opium trade. Participants also reviewed drug-use prevention and treatment initiatives, as well as law-enforcement measures to curb narcotics production and trafficking.
The private sector working group focused on job creation and entrepreneurship, with particular attention to women’s participation in the private sector, market integration, access to finance, and the development of private banking and financial infrastructure.
UNAMA said both working groups identified priority areas for enhanced engagement and explored more effective and sustainable approaches to supporting Afghan men and women. Participants also examined the linkages between the two areas, noting that private sector development is a key source of livelihoods, while counter-narcotics efforts contribute to Afghanistan’s economic and social stability.
The working groups were established following the third Meeting of Special Envoys held in Doha, Qatar, in June and July 2024, in line with recommendations of the Independent Assessment endorsed by the UN Security Council. The process aims to promote more coherent, coordinated, and structured engagement with Afghanistan’s de facto authorities for the benefit of the Afghan people.
UNAMA added that stakeholders engage in the working groups on an ongoing basis, with full-format meetings convened periodically. Since their establishment, the groups have improved information-sharing, helped mobilize additional resources, and facilitated expert exchanges to strengthen support for the Afghan people.
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Economic Commission approves national policy for development of agriculture
At a regular meeting of the Economic Commission chaired by Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, the National Policy for the Development of the Agriculture and Livestock Sector was approved.
According to a statement from the deputy PM’s office, the key objectives of the policy include the mechanization of the agriculture and livestock sector; development of agricultural, irrigation, and livestock research and extension systems; management of irrigation systems; support for investment in these sectors; and ensuring public access to high-quality agricultural and animal products.
During the same meeting, the development plan for the fish farming sector was also approved.
Under this plan, through private sector investment, 7,700 small, medium, and large fish production and farming facilities will be established on 6,500 hectares of land in various parts of the country.
The statement added that the implementation of this plan will create direct employment opportunities for 50,000 people and indirect employment for 250,000 others.
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