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Afghanistan asks Washington for $537 million bailout
The Afghanistan government says it’s broke — so broke it’s asking the U.S. for an immediate $537 million bailout.
The Afghan government is blaming its financial woes on the stalemated election results. Secretary of America, John Kerry was in Afghanistan a month ago trying to arrange a unity government, but neither candidate is willing to step aside. Without a resolution, the Afghan government will be unable to prevent a full withdrawal of U.S. troops at the end of this year.
The special inspector general for Afghan reconstruction, John Sopko, said that there are already reports of Afghan police cutting power to Kandahar due to a lack of funding.
Sopko said he believes the U.S. has built a government in Afghanistan that it can’t sustain. “We have predicted for a while that we have spent too much money, too fast and built an infrastructure that the Afghans cannot afford,” Sopko said.
He also warned that without the bailout, the Afghan government will have a difficult time keeping terrorists out of Afghanistan.
The warning comes as the Taliban is increasing pressure around Kabul, where it killed two American troops outside the U.S. embassy in a suicide bombing Tuesday.
The bailout request comes just a little less than four months after President Obama said, “The bottom line is, it’s time to turn the page on more than a decade in which so much of our foreign policy was focused on the wars in Afghanistan and Iraq.”
Ehsanullah Kamgar, spokesperson for the Badakhshan Provincial Police Command, said that 12 people were killed and three others were seriously injured in a traffic accident in Arghanjkhwah district of the province.
Kamgar added that the incident occurred at noon on Saturday in the Samdar area of Arghanjkhwah district.
According to him, the victims include men, women and children.
He explained that the incident happened when a Flancoach -type vehicle veered off the road due to poor road conditions and plunged into a ravine.
The injured were transferred to health centers for treatment, and the condition of some of them has been reported as critical.
The Islamic Emirate of Afghanistan has approved a plan to grant foreign investors residency permits ranging from one to ten years in exchange for investment in the country.
The decision was endorsed during a regular meeting of the Economic Commission, chaired by Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar.
According to a statement from the deputy PM’s office, a designated committee has been tasked with determining the length of residency based on the volume of investment, which will be categorized under specific criteria.
The Ministry of Interior has announced the delivery of several new, modern cars to the General Directorate of Traffic Police, replacing the older fleet that consisted mostly of trucks.
According to a ministry statement, the new vehicles, equipped with special traffic police colors, markings, and modern equipment, are expected to play a key role in maintaining traffic order in cities and on main roads, preventing accidents, and providing faster services to the public.
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