Connect with us

Latest News

IEA opposes establishment of new fund to handle frozen assets

Published

on

Afghanistan’s central bank, Da Afghanistan Bank (DAB), has slammed Washington’s decision to create a new international financing mechanism to distribute $3.5 billion worth of Afghanistan’s frozen assets, claiming the move was “unacceptable”.

On Wednesday, the US State Department announced that Washington, in coordination with international partners including the Government of Switzerland and Afghan economic experts, has established the Afghan Fund, which will see the money transferred to a Swiss bank.

On Thursday, DAB issued a statement asking for the decision to be reconsidered.

“Da Afghanistan Bank has measured any decision regarding the allocation, use or transfer of these reserves to achieve unrelated goals as unacceptable and requested [the US] to be reconsider it,” the statement said.

“Da Afghanistan Bank’s foreign exchange reserves are the property of the Afghan people and have been used for many years in the light of the law to maintain monetary stability, strengthen the financial system and facilitate trade with the world.

In a press briefing on Wednesday night, State Department spokesman Ned Price said: “Today, the Department of State and the Department of the Treasury, in coordination with international partners including the Government of Switzerland and Afghan economic experts, announced the establishment of a fund to benefit the people of Afghanistan.”

“This fund will protect and preserve the Afghan central bank reserves, while making targeted disbursements to help stabilize Afghanistan’s economy and, ultimately, support its people and work to alleviate the worst effects of the humanitarian crisis,” he said.

He stated the Islamic Emirate of Afghanistan (IEA) is “not a part of this financing mechanism and resources disbursed will be for the benefit of the Afghan people, with clear safeguards and auditing in place to protect against diversion or misuse.”

He said however that the Afghan Fund is “explicitly not intended to make humanitarian disbursements. The Afghan Fund itself is to facilitate macroeconomic stability inside Afghanistan.”

“This is not what that fund is for. This fund is to provide macroeconomic stability in Afghanistan that will enhance the effectiveness of humanitarian assistance from the United States and other donors.”

Former president of Afghanistan, Hamid Karzai, also disagreed with the decision and said any move to transfer the money to a third country was unacceptable and the assets should remain the “national treasure of the people” of Afghanistan.

Some experts however believe that by transferring the money to a fund of this nature is opening the way for wastage and the Afghan people will ultimately pay the price.

“From my point of view, the decision of the US government is very cruel to the Afghan national bank and Afghans should not be treated this way,” said Taj Mohammad Talash, an economic analyst.

Latest News

Afghanistan, Kyrgyzstan discuss expanding trade and economic cooperation

Azizi welcomed the Kyrgyz delegation and thanked them for visiting Kabul, underscoring the importance of closer economic engagement between the two countries.

Published

on

Afghanistan and Kyrgyzstan held high-level talks in Kabul aimed at strengthening bilateral economic and trade relations, officials said.

The meeting brought together Nooruddin Azizi, Minister of Industry and Commerce of the Islamic Emirate of Afghanistan, and Bakyt Sadykov, Minister of Economy and Trade of the Kyrgyz Republic, who is leading a visiting delegation to the Afghan capital.

Azizi welcomed the Kyrgyz delegation and thanked them for visiting Kabul, underscoring the importance of closer economic engagement between the two countries.

During the talks, both sides discussed ways to boost bilateral trade by making better use of existing capacities and identifying priority export commodities.

The discussions also focused on developing transit routes, signing transit agreements, attracting joint domestic and foreign investment, and expanding cooperation through trade exhibitions, business conferences and regular meetings.

The two ministers stressed the need to implement earlier agreements, particularly the economic and trade cooperation roadmap signed during a previous visit by an Afghan delegation to Kyrgyzstan.

They said effective follow-up on these commitments would be key to translating discussions into tangible results.

Officials from both countries said the meeting was intended to deepen economic, trade and investment ties, while opening new avenues for partnership between Afghanistan and Kyrgyzstan in the coming period.

Continue Reading

Latest News

Rights group calls for halt to forced returns of refugees to Afghanistan

The Islamic Emirate has repeatedly rejected such allegations, stating that the rights of citizens are protected within the framework of Sharia law.

Published

on

Amnesty International on Tuesday called on world leaders to immediately stop the forced return of refugees and asylum seekers to Afghanistan, citing serious human rights concerns and warning that such actions violate international law.

In a statement, the rights group said millions of Afghan refugees were unlawfully deported in 2025 from countries including Pakistan, Iran, Turkey and Germany, despite the human rights situation inside Afghanistan. Amnesty said the returns have taken place amid intensified restrictions on fundamental freedoms, particularly affecting women and girls.

According to the organization, ongoing violations include limits on freedom of movement, bans on women working with the United Nations and non-governmental organizations, and the continued exclusion of girls above the age of 12 from education.

Amnesty International’s Regional Director for South Asia, Smriti Singh, said the forced deportations ignore the reasons Afghans fled their country in the first place. “This rush to forcibly return people to Afghanistan disregards the serious dangers they face if sent back,” she said, adding that such actions violate the binding international principle of non-refoulement.

Rights groups claim the human rights situation in Afghanistan has significantly deteriorated since the Islamic Emirate regained power in 2021, with restrictions on media freedom and women’s rights drawing widespread international concern. In October, the United Nations established an independent investigative mechanism to examine alleged international crimes and violations of international law in the country.

The Islamic Emirate has repeatedly rejected such allegations, stating that the rights of citizens are protected within the framework of Sharia law.

Continue Reading

Latest News

UN warns restrictions on Afghan women are hindering aid delivery

The UN stressed that systematic discrimination against women and girls is not in Afghanistan’s interest and must end without delay.

Published

on

The United Nations has warned that ongoing restrictions on Afghan women working with the UN continue to undermine the delivery of life-saving humanitarian assistance across the country.

The UN Office of the High Commissioner for Human Rights (OHCHR) said that 100 days after Afghan women staff were barred from accessing UN premises, the measures remain in place and are significantly obstructing aid operations.

In a statement, the office called on the authorities to immediately lift all such restrictions.

“Marking 100 days since Afghan women colleagues were prohibited from accessing UN premises, we call on the de facto authorities to lift all such restrictions so that critical support can reach everyone in need,” the statement said.

The UN stressed that systematic discrimination against women and girls is not in Afghanistan’s interest and must end without delay.

It warned that excluding women from humanitarian work has weakened the reach and effectiveness of aid delivery, particularly in communities where female staff are essential to accessing women, children and other vulnerable groups.

According to the UN, the absence of women humanitarian workers has reduced the ability of aid agencies to assess needs, deliver assistance and monitor programs effectively, at a time when millions of Afghans depend on humanitarian support.

Reiterating its position, the United Nations emphasized that the full participation of women in humanitarian activities is critical to addressing the country’s urgent needs and ensuring aid reaches all segments of the population.

The UN has repeatedly urged Afghan authorities to reverse policies restricting women’s participation in public life, warning that continued limitations risk deepening the humanitarian crisis and isolating Afghanistan further from the international community.

Continue Reading
Advertisement
Advertisement
Advertisement
Advertisement

Trending

Copyright © 2025 Ariana News. All rights reserved!