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Afghan economy gets $32 million cash boost in aid funding

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Afghanistan’s Central Bank, Da Afghanistan Bank (DAB), took delivery on Monday of $32 million of funds in aid and transferred it immediately to Afghanistan International Bank (AIB).

In a series of tweets, the central bank welcomed the injection of cash into the economy and said: “The transit of the aforesaid shipment from the airport to the Afghanistan International Bank was facilitated by Da Afghanistan Bank.

“Da Afghanistan Bank will appreciate any humanitarian action that leads to the introduction of currency and assistance to the poor sections of society, and will do its part effectively,” DAB said.

The previous shipment of $19.2 million was delivered in December.

On December 22, the UN Security Council unanimously adopted a resolution clearing the way for aid to reach Afghans in desperate need of basic support.

At the time Martin Griffiths, the Under-Secretary-General for Humanitarian Affairs, described the Council’s passage of the resolution as “evidence of how seriously member states take the shocking levels of need and suffering in the country.”

The adoption followed months of discussions in the Council and broader international community about how to stave off economic collapse in Afghanistan following the country’s takeover by the Islamic Emirate of Afghanistan (IEA) in August and the subsequent freezing by Western countries of billions of dollars used by the previous government to ensure the provision of basic services.

Griffiths has said that humanitarian operations in Afghanistan are set to be the largest anywhere in the world in 2022, reaching some 22 million people.

The UN estimates that $2 billion will be needed to lift the incomes of all people up to the poverty line.

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‘Made in Afghanistan’ expo opens in Tashkent

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The Afghanistan Chamber of Commerce and Investment has announced that a major exhibition of Afghan products titled “Made in Afghanistan” is opening today (Wednesday) in Uzbekistan’s capital Tashkent.

According to the chamber, the expo—supported financially by the United Nations Development Programme—will run until Friday and aims to showcase Afghanistan’s production and export potential.

More than 60 booths have been set up by Afghan traders, featuring a wide range of products including carpets, dried and fresh fruits, saffron, pine nuts, cotton, precious and semi-precious stones, as well as beverages.

Officials from the chamber expressed hope that the expo will help expand trade relations between Afghanistan and countries in the region, particularly Uzbekistan.

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Afghani strengthens nearly 10% against US dollar amid banking sector reforms

The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.

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Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.

Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.

The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.

As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.

Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.

Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.

They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.

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Uzbekistan delivers over 290 tons of aid to Afghanistan

The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.

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Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.

The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.

The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.

Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.

Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.

The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.

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