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IEA opposes establishment of new fund to handle frozen assets

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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.

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Afghan minister says ‘outsiders’ should not claim to support Afghanistan’s independence

The meeting was attended by governors of Sar-e-Pul and Samangan provinces, local officials, religious scholars, and a number of local residents.

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Minister of Borders, Ethnic Affairs and Tribes Noorullah Noori has said that those who interfered in Afghanistan over the past twenty years should now not claim to support a “free and independent Afghanistan.”

According to a statement, Noori made the remarks during a public gathering titled “Unity and Coordination with the People” held in the Kohistanat district of northern Sar-e-Pul province, during his official visit to the province.

The meeting was attended by governors of Sar-e-Pul and Samangan provinces, local officials, religious scholars, and a number of local residents.

Noori stated that under the Islamic system, the beliefs, history, freedom, and values of the Afghan people are protected and safeguarded. He added that those who, over the past twenty years, tested the Afghan people for their own “malicious objectives” should not now claim to support Afghanistan’s independence.

He further emphasized that the people of Afghanistan are not aligned with the Islamic Emirate out of compulsion, but rather support the Islamic system based on faith, ideology, culture, and political belief.

Participants of the gathering also stressed the importance of strengthening the Islamic system and enhancing national unity. They stated that the current system enjoys domestic legitimacy among the Afghan people and that those plotting against it are not accepted by society.

They further added that they will continue to defend the existing system through unity and solidarity and will not allow insecurity or external interference in Afghanistan’s internal affairs.

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FIFA World Cup group stage wraps up; moves into high-stakes knock out round 

With the safety net of the group stage now gone, every match will produce either jubilation or heartbreak.

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The group stage of the FIFA World Cup 2026 has officially concluded, with the tournament now shifting into the high-stakes knockout round where every match becomes do-or-die.

The Round of 32 gets underway today, with one of the tournament’s biggest surprise stories taking centre stage as South Africa face co-hosts Canada at SoFi Stadium in Los Angeles.

While traditional football powerhouses such as Argentina, Brazil, France, Germany, Spain, England and the Netherlands safely progressed to the knockout phase, this year’s expanded 48-team tournament has also produced one of African football’s greatest World Cup campaigns.

For the first time in tournament history, nine African nations have qualified for the knockout rounds, underlining the continent’s growing strength on football’s biggest stage.

Morocco once again demonstrated why they remain one of Africa’s elite sides, finishing second behind Brazil in Group C with seven points after an impressive campaign that included a draw against the five-time world champions.

Ghana also lived up to expectations by advancing from a difficult Group L, while Senegal secured qualification from Group I after another composed and disciplined tournament.

However, the biggest headlines belonged to Africa’s emerging football nations.

South Africa completed one of the stories of the tournament by reaching the knockout rounds for the first time after defeating South Korea 1-0 in a dramatic final group match. Bafana Bafana, who were given little chance of progressing before the competition began, have become one of the World Cup’s surprise packages.

Ivory Coast also reached the last 32 for the first time after recovering from defeat to Germany with convincing victories over Ecuador and Curaçao.

Egypt booked their place after earning a crucial draw against Iran, while Algeria secured qualification following an entertaining 3-3 draw with Austria.

Cape Verde has perhaps captured the imagination of football fans more than any other African nation. The island nation remained unbeaten through the group stage, earning draws against Spain, Uruguay and Saudi Arabia to advance in their World Cup debut knockout appearance. Veteran goalkeeper Vozinha produced a series of memorable performances, including a standout display against Spain.

The Democratic Republic of Congo also made history, recording their first-ever World Cup victory with a 3-1 win over Uzbekistan to secure a place in the knockout rounds.

Africa’s representatives now face a daunting but exciting set of Round of 32 fixtures. South Africa meet Canada in the opening knockout match on Sunday, Morocco take on the Netherlands, Ghana face Colombia, Ivory Coast battle Norway, DR Congo play England, Senegal meet Belgium, Algeria face Switzerland, Egypt take on Australia, and Cape Verde will test themselves against defending champions Argentina.

The knockout stage also features an impressive mix of football’s traditional heavyweights and emerging nations. Hosts Canada, Mexico and the United States all advanced, alongside Argentina, Brazil, France, Germany, Spain, England, Belgium, Portugal, Colombia, Japan, Australia, Switzerland, Sweden, Norway, Paraguay, Ecuador, Bosnia-Herzegovina and Morocco.

With the safety net of the group stage now gone, every match will produce either jubilation or heartbreak. For Africa, however, the tournament has already become one to remember. Nine nations remain in contention, carrying not only their own ambitions but the hopes of an entire continent into the World Cup’s decisive rounds.

Fans across Afghanistan can tune in to Ariana Radio and Television Network (ATN) daily to watch this exciting event unfold as ATN has the exclusive rights to broadcast the event across the country live. 

Football fans are encouraged to follow Ariana Television and Ariana News’ social media pages for updates, latest stats and match schedules so as not to miss out on the action.

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Afghanistan remains central to SCO–UN talks in New York Consultations

According to the SCO Secretariat, the meeting was held on June 26 at the United Nations Headquarters in New York, where both sides exchanged views on a wide range of issues related to mutual cooperation.

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The Secretariat of the Shanghai Cooperation Organization (SCO) says that Afghanistan and efforts to ensure stability in the country were among the key topics discussed during the fourth round of consultations with the United Nations Secretariat.

According to the SCO Secretariat, the meeting was held on June 26 at the United Nations Headquarters in New York, where both sides exchanged views on a wide range of issues related to mutual cooperation.

The United Nations delegation provided updates on its work under the “Climate, Peace and Security” agenda, ongoing efforts to stabilize Afghanistan, and support for Central Asian countries in maintaining sustainable peace and stability in the region.

Meanwhile, the SCO Secretariat briefed the UN side on preparations for the upcoming Bishkek Summit, the outcomes of ministerial meetings held under Kyrgyzstan’s chairmanship, and progress on institutional reforms within the organization.

The SCO Secretariat added that the consultations were conducted in a constructive atmosphere.

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