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Interest of $270 million earned so far from Afghanistan’s frozen assets
Anwar ul-Haq Ahady, a member of the board of directors of the Afghanistan Trust Fund (ATF) in Switzerland, says the fund has so far earned $270 million in interest.
Ahady told Radio Azadi on Wednesday that this interest, earned from the $3.5 billion, can be used in Afghanistan if necessary.
“Some projects, some basic expenses of the government or the government that they do not have the power to pay and are necessary for the people of Afghanistan are also used there. But in any case, four members of the board must fully agree for such expenses.
“In the last meeting, more than a month ago, on January 29, a decision was made that if the Afghan government cannot pay the loan of the Asian Bank … and they insist that we pay, then it is possible to use this money.
“Because the Asian Bank provides humanitarian aid to Afghanistan and we do not want the humanitarian aid of the Asian Bank to be cut off. Of course, the same ruling was in the case of the World Bank, but this loan was paid by the government itself, so there was no need for us,” Ahady told Liberty radio.
At the same time, Ahady said all four board members need to agree to the spending of this money.
Turkish TRT news channel said in a report on Wednesday that the officials involved in the discussions about the spending of the money of the Afghanistan Trust Fund say for the stability of Afghanistan’s ruined financial system, it is necessary to release this money.
But according to reports, the four board members, Dr. Anwar ul-Haq Ahady, Dr. Shah Mehrabi, Dr. Jay Shambaugh, and Ambassador Alexandra Baumann, could not agree on how to spend the money, almost 18 months after the establishment of the fund.
A source told TRT that while all board members agree that this money should not be touched, the interest earned should go towards helping the people of Afghanistan.
After the return of the Islamic Emirate to power in August 2021, $7 billion belonging to the Central Bank of Afghanistan was frozen in the United States, half of which has been invested in a Swiss trust account.
The other half and is earmarked to be paid over to the families of 9/11 attacks.
The Islamic Emirate has however tried unsuccessfully to have the fund released.
During the republic, Da Afghanistan Bank, which was responsible for the country’s monetary stability, kept this capital abroad as a monetary support.
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Afghan powerlifting team wins six medals at World Cup series in Belarus
A total of six Afghan athletes and one coach represented the country in the tournament, which featured competitors from ten nations.
The General Directorate of Physical Education and Sport of Afghanistan says Afghan powerlifting athletes secured six medals at the “Powerlifting World Cup Series 2026” held in Belarus.
According to the directorate, Afghan athletes won four gold medals, one silver medal, and one bronze medal during the international competition.
Fawad Sherin Sokhan, Jabar Sherin Sokhan, Noor Ahmad Sakhi Zada, and Mirwais Rafi Zada each claimed gold medals, while Rohullah Khairandesh won silver and Hamidullah Hakimi earned bronze for Afghanistan.
A total of six Afghan athletes and one coach represented the country in the tournament, which featured competitors from ten nations.
The competition began on May 6 and concluded on May 10 in Belarus, showcasing strong performances from Afghan athletes on the international stage.
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Afghanistan seeks closer trade cooperation with Uzbekistan
Uzbek officials also unveiled plans to open trade chambers in Russia, Kazakhstan, and Kyrgyzstan to help boost exports and improve market access for regional products.
Afghanistan has called on Uzbekistan to establish a coordination and liaison office at the Termez border market to strengthen direct business ties between the private sectors of the two countries.
The proposal was discussed during a meeting in Mazar-i-Sharif between Nooruddin Azizi, Afghanistan’s Minister of Industry and Commerce, and Amanbai Orynbaev, Chairman of the Supreme Council of Uzbekistan’s Karakalpakstan region.
During the talks, both sides explored opportunities to expand cooperation in the export of Afghan cotton, coal, fresh and dried fruits, as well as joint projects in food production, construction materials, tourism, pharmaceutical manufacturing, mineral processing, and investment in key economic sectors.
Uzbek officials also unveiled plans to open trade chambers in Russia, Kazakhstan, and Kyrgyzstan to help boost exports and improve market access for regional products.
As part of the visit, the Uzbek delegation inaugurated an expo of national products in Mazar-i-Sharif aimed at promoting trade and economic cooperation between the two neighbouring countries.
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Japan announces MEXT scholarships for Afghan students for 2027 academic year
The Embassy of Japan in Afghanistan has announced scholarship opportunities for Afghan students under the Japanese Government (MEXT) Scholarship Program for the 2027 academic year.
According to the embassy, the Ministry of Education, Culture, Sports, Science and Technology (MEXT) of Japan is offering scholarships for graduate-level study at Japanese universities under the research student category, including both regular and non-regular students.
Interested and eligible applicants can download the application guidelines and forms from the official Study in Japan website and are advised to carefully review all requirements before applying.
Applicants who meet the eligibility criteria and have prepared all required documents must submit their applications by 25 May 2026. The embassy said late or incomplete submissions will not be accepted.
The first screening process will include a written examination in Kabul on 18 June 2026, followed by interviews scheduled for July 2026 (date to be confirmed).
The Embassy of Japan noted that the Aga Khan Foundation Afghanistan will assist in collecting applications and facilitating written examinations, but will not be involved in the selection process.
It further emphasized that the selection will be conducted independently by the embassy and the Japanese government, based on academic merit, quality of application documents, and performance in written and interview examinations, without consideration of religious, linguistic, or ethnic background.
The scholarship program is fully funded and free of charge. The embassy warned applicants to remain cautious against scams, stressing that no financial contributions are required at any stage of the application process.
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