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Deputy finance minister meets UNAMA chief over Afghanistan’s financial sector development

UNAMA Chief Otunbayeva acknowledged the critical role of microfinance in promoting economic resilience and job creation.

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Sultan Mohammad Zubair, Deputy Minister of Policy at the Ministry of Finance, met with the UN in Afghanistan’s chief this week to discuss the need to strengthen the country’s financial sector.

During the meeting with Roza Otunbayeva, the Special Representative of the UN Secretary-General and Head of the United Nations Assistance Mission in Afghanistan (UNAMA), Zubair expressed appreciation for UNAMA’s ongoing humanitarian efforts in the country and voiced hope that continued collaboration would help lay the groundwork for implementing more development projects across the country.

The two sides also discussed the need to strengthen financial and development cooperation in the country. They also emphasized the importance of enhancing Afghanistan’s microfinance sector, improving the allocation of international humanitarian aid, increasing funding for development projects, and reinforcing ties with global financial institutions.

Zubair highlighted the ministry’s efforts in advancing the microfinance sector and stated that further expansion is a key priority.

He requested UNAMA’s support in strengthening the sector through capacity-building initiatives, the introduction of modern technologies, and raising public awareness.

UNAMA Chief Otunbayeva acknowledged the critical role of microfinance in promoting economic resilience and job creation.

She pledged that UNAMA would work to mobilize financial resources to support the sector and would also seek technical and capacity-building assistance from countries such as Japan, China, Malaysia, and Indonesia.

Otunbayeva reaffirmed UNAMA’s commitment to working closely with the Ministry of Finance to attract foreign investment, implement development projects, and create an enabling environment for the growth of the microfinance sector in Afghanistan.

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Pakistan summons Afghan diplomat over deadly attack in North Waziristan

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Pakistan on Friday summoned Afghan Deputy Head of Mission in Islamabad to convey “strong demarche” over a deadly attack on a military camp in North Waziristan District that killed four Pakistani soldiers.

In a statement, Pakistan’s Ministry of Foreign Affairs said the attack was carried out by a faction of Tehreek-i-Taliban Pakistan (TTP).

The statement said that Pakistan conveyed “grave concern over the continued support and facilitation” provided by the Islamic Emirate to TTP.

Pakistan has demanded “a full investigation and decisive action against the perpetrators and facilitators of the terrorist attacks launched against Pakistan from Afghan soil.”

It urged the Islamic Emirate “to take immediate, concrete and verifiable measures against all terror groups operating from its territory, including their leadership, and deny the continued use of Afghan soil for terrorism against Pakistan.

According to the statement, the Islamic Emirate has been “categorically informed that Pakistan reserves the right to defend its sovereignty and protect its citizens, and will take all necessary measures to respond to terrorism originating from Afghan soil.”

Pakistani officials have repeatedly claimed that attacks in the country are originated from Afghan soil, a charge the Islamic Emirate denies.

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Uzbek president stresses Afghanistan’s role in regional economic projects

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President of Uzbekistan Shavkat Mirziyoyev has underscored Afghanistan’s continued importance in regional cooperation, saying the country remains one of the key areas of interaction among regional partners.

Addressing the first summit of the “Central Asia Plus Japan” dialogue, Mirziyoyev said participating countries share a common aspiration to see Afghanistan become peaceful, stable, and oriented toward meaningful development.

The Uzbek president praised Japan’s longstanding and consistent support for Afghanistan, noting that Tokyo has for many years been among the leading donors and partners assisting the Afghan people.

He expressed confidence that coordinated efforts and joint contributions by regional countries and Japan would help improve living standards in Afghanistan, advance socio-economic and infrastructure development, and facilitate the country’s active involvement in regional economic projects.

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Japan allocates nearly $20 million in humanitarian aid for Afghanistan

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The Embassy of Japan in Afghanistan announced on Friday that the country has allocated $19.5 million in humanitarian assistance to Afghanistan.

In a statement, the Japanese Embassy said it hopes the aid will help bring positive change to the lives of vulnerable Afghans.

According to the statement, the assistance will cover the basic humanitarian needs of vulnerable communities in Afghanistan.

The embassy added that the aid will be delivered through United Nations agencies, international organizations, and Japanese non-governmental organizations operating in Afghanistan.

Japan’s total assistance to Afghanistan since August 2021 has reached more than $549 million.

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