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Flow of US dollars into Afghanistan ‘weakens Pakistan’s foreign exchange reserves’

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The chairman of Pakistan’s Forex Association says that over the past few months, about $2 billion dollars has entered Afghanistan through the country’s border, both legally and illegally.

Speaking at a press conference on Tuesday, Malik Bostan said that in the past, millions of dollars flowed into Pakistan from Afghanistan and was exchanged in the country, but this trend has not reversed.

“About two billion dollars have gone to Afghanistan from Pakistan in the form of official and unofficial trade, abuse of transit trade, smuggling and through the borders, and this has weakened Pakistan’s foreign exchange reserves and caused a heavy decrease in the value of the currency,” said Bostan.

According to him, Pakistan’s economy is suffering irreparable damage due to Afghanistan’s transit trade, which has grown significantly.

“In Afghanistan, due to economic sanctions, the bank account and system are frozen, so our trade with Afghanistan is not done through banking channels, but in cash,” he said.

“Only about 15,000 people go to Afghanistan every day and each of them brings $1,000 into this country, which is a total of $15 million dollars entering Afghanistan every day, and this has become uncontrollable,” he added.

According to him, at the beginning of the Islamic Emirate’s rule in Afghanistan, Pakistan’s foreign exchange reserves were $22 billion dollars and its import bill was $4.5 billion dollars.

This is while the border police of Herat province arrested two people who wanted to import $80,000 into Iran.

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IEA leaders contact Maulana Fazlur Rehman to express condolences over Sheikh Idris’s death

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According to a statement issued by Jamiat Ulema-e-Islam Pakistan (JUI-F), senior leaders of the Islamic Emirate of Afghanistan (IEA) contacted JUI-F chief Maulana Fazlur Rehman to express condolences following the killing of prominent religious scholar Sheikh Muhammad Idris in Charsadda.

The statement said that the callers included Defense Minister Mohammad Yaqoob Mujahid, Interior Minister Khalifa Sirajuddin Haqqani, Foreign Minister Amir Khan Muttaqi, and spokesperson Zabihullah Mujahid.

According to JUI-F media cell, the Afghan leadership expressed sorrow over Sheikh Idris’s death and prayed for his elevated status. They also strongly condemned his killing and said they share the grief of the bereaved family and religious community.

The statement further added that the Islamic Emirate expressed solidarity with JUI-F, religious scholars, and students, and said that the people of Afghanistan share the grief of the Pakistani people over the incident.

Sheikh Idris, a senior member of JUI-F was shot dead by armed motorcyclists in the Utmanzai area of Charsadda on May 5, while he was traveling to a madressah. Daesh claimed responsibility for the attack.

 
 
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Former US officials urge halt to plan relocating Afghan refugees from Qatar to Congo

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Hundreds of former U.S. officials are calling on Washington to cancel a reported plan to relocate Afghan refugees from Qatar to the Democratic Republic of the Congo.

In an open letter addressed to the U.S. State Department, more than 600 former civilian and military officials, along with around 100 organizations, urged the administration to stop the proposed transfer. The letter was sent to Marco Rubio.

The signatories argue that the Afghan nationals in question were brought to Qatar by the United States to complete legal immigration procedures after undergoing extensive security vetting. The letter states that while the individuals were cleared for resettlement in the United States, they are now being considered for relocation to Congo, a country for which they were never screened.

“Those individuals were vetted and approved for the United States, not for the Democratic Republic of the Congo,” the letter reads.

According to the report, more than 1,100 Afghan allies and their family members are currently being held at Camp As Sayliyah in Qatar under U.S. supervision. Around 800 of them have already completed all security checks and received authorization to travel to the United States. More than half are women and children, and many have remained in transit limbo for over 15 months.

The situation has drawn criticism from former officials and policy observers, who describe the proposed relocation as a betrayal of Afghan allies who supported U.S. missions and risked their lives during the war in Afghanistan. Critics also warn that the move could damage U.S. credibility with future partners.

Several members of the U.S. Congress had previously expressed opposition to the proposal, cautioning that it could significantly undermine trust in the United States among its allies.

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Ex-Pakistan envoy Durrani urges non-interference in Afghanistan’s internal affairs

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Asif Durrani, Pakistan’s former special envoy for Afghanistan, has said that no country should interfere in Afghanistan’s internal affairs, stressing that it is up to Afghans themselves to bring about any change in their country.

In a post on X, Durrani said Afghans should be “left to their own devices” and that they would eventually “find the way out” of their challenges.

However, he warned that instability inside Afghanistan could have negative consequences for neighbouring countries, adding that Afghan leaders and their supporters should take responsibility to address such risks.

Durrani described his remarks as a simple expression of goodwill and best wishes for the Afghan people and their future.

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