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IEA welcomes World Bank report, urges resumption of incomplete projects
The Islamic Emirate of Afghanistan (IEA) on Saturday welcomed the World Bank’s report issued this week and in turn called on the institution to resume incomplete projects that it had been working on in the country prior to the collapse of the former government.
The Office of Deputy Prime Minister for Economic Affairs said in a statement that it welcomes all the “positive points based on objective facts” in the report, which was a clear indication of Afghanistan’s actual economic development and mobility.
“The Islamic Emirate of Afghanistan believes that if the current restrictions on Afghanistan’s banking sector are lifted and the frozen assets are released, the economic situation of the country will take faster steps towards improvement and stability, and the burden on the international community will be lessened,” the statement read.
Earlier this week the World Bank reported that the price of food and fuel in Afghanistan has decreased, the value of the Afghan currency has remained stable against foreign currencies, there has been a significant increase in exports, and the salaries of government employees have been paid on time. In addition, the report noted that national revenues had also increased.
The IEA also called on all international organizations to raise awareness of the real situation in Afghanistan by pointing out the advancements made in Afghanistan, particularly in the economic sphere.
The statement called on international aid agencies and organizations to finance development initiatives in Afghanistan that will lower unemployment and improve the country’s economic situation.
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Continued aid to Afghanistan vital for regional security: Kazakh president
Kazakhstan’s President Kassym-Jomart Tokayev has emphasized the continuation of humanitarian assistance to Afghanistan, stating that the ongoing provision of such aid plays an important role in ensuring regional security.
Speaking at the international conference “Peace and Trust” in Ashgabat, the capital of Turkmenistan, Tokayev described addressing complex humanitarian challenges and the reconstruction of Afghanistan as a necessity.
“To ensure regional security, we consider it essential to continue providing assistance to Afghanistan, including by strengthening international efforts to address complex humanitarian issues and the reconstruction of this country. Kazakhstan remains committed to supporting the people of Afghanistan through humanitarian aid, educational projects, trade development, and food security initiatives,” he said.
Meanwhile, experts believe that sustainable improvement of the humanitarian situation in Afghanistan requires broad cooperation from the international community and support for the country’s economic development.
“Investment can be defined as one of the fundamental drivers of the economic cycle, and whenever Afghan traders do not take their money out of the country and instead invest domestically, it naturally leads to greater growth and dynamism in Afghanistan’s economy,” said Abdul Zahoor Modabber, an economic analyst.
As the humanitarian crisis in Afghanistan continues, reports by international relief organizations indicate that millions of citizens of the country are in urgent need of food, health, and livelihood assistance.
The reduction in funding for aid organizations, the impacts of climate change, and the return of migrants have increased concerns about a further deterioration of the humanitarian situation in the country.
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