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U.N. aims to launch new Afghanistan cash route in February

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The United Nations aims to kick start this month a system to swap millions of aid dollars for Afghan currency in a plan to stem humanitarian and economic crises and bypass blacklisted Taliban leaders, according to an internal U.N. note seen by Reuters.

Since the Islamic Emirate of Afghanistan (IEA) takeover in August, foreign financial assistance has stopped and international banks are wary of testing U.N. and U.S. sanctions on the IEA, leaving the United Nations and aid groups struggling to obtain cash even as they continue to receive humanitarian donations.

The U.N. explanatory note, written last month, outlines an “urgently needed” Humanitarian Exchange Facility (HEF). The United Nations has warned that more than half of Afghanistan’s 39 million people are suffering extreme hunger and the economy, education and social services are collapsing.

“The overall objective is to have the HEF up and running in February,” the note said. “Prior to the full establishment of the facility, we seek to facilitate several trial swaps, to demonstrate exactly how the mechanism will work.”

U.N. and humanitarian officials warn that the facility can be only a temporary measure until Afghanistan’s central bank begins operating independently and some $9 billion in foreign reserves frozen abroad are released.

But when that could happen is uncertain. The reserves held by the United States are tied up in legal action and Western governments are reluctant to release funds unless they see the IEA show greater respect for human rights, especially those of women and girls.

The HEF would allow the United Nations – which is seeking $4.4 billion for humanitarian assistance this year – and aid groups access to large amounts of the national currency, the afghani, held in the country by private businesses.

In exchange, the United Nations would use aid dollars – potentially tens of millions – to pay the businesses’ foreign creditors, thereby bolstering the flagging private sector and critical imports.

“The facility’s flow of funds would not require the movement of funds across the Afghan border,” the U.N. note said.

While the money bypasses the IEA, the note says the HEF will need the approval of the IEA-run central bank for “the flow of funds and the exchange rate used and the withdrawal of AFN cash deposited into AIB (Afghanistan International Bank) without any restriction.”

A spokesman for the IEA care-taker government confirmed that officials in Afghanistan were aware of the proposal for the HEF, but did not know the details or the procedure.

“We welcome any kind of humanitarian actions for the people of Afghanistan, but all actions should be taken according to Afghanistan’s laws and national interests,” Bilal Karimi told Reuters on Friday in response to a question on the HEF.

The United Nations does not comment on leaked documents, U.N. spokesman Stephane Dujarric said of the note. U.N. Secretary-General Antonio Guterres has said Afghanistan is “hanging by a thread” and long pushed for international action to combat the economic crisis hampering aid efforts.

Afghanistan’s economy has continued to deteriorate, with inflation for basic household goods reaching nearly 42% in January, compared to the year-earlier period, the World Bank said on Wednesday. Wages and demand for labor continued to decline, as did imports, which were down 66% compared to a year earlier, it said.

Aid groups and U.N. officials have been advocating for a cash swap mechanism, but the U.N. note seen by Reuters provides new details on how it will work.

Graeme Smith, a senior consultant for the International Crisis Group think-tank, told the U.S. Senate Foreign Relations Committee on Wednesday that an exchange facility is needed quickly, but only as a stopgap measure.

“It is not sufficient,” he said. “Nobody should be under any illusions that this substitutes for the normal functioning of a central bank.”

Complicating the response, IEA leaders have banned the use of foreign currency in a country where U.S. dollars were common. The United Nations has flown in shipments of $100 bills, but the central bank has not converted them, leaving the world body sitting on about $135 million in cash that it cannot use, a U.N. official said last week.

Those funds are held in Kabul in the vaults of AIB, the official said, the private bank that would play a role in the new cash swap system.

The security of the cash flights and limits on how much can be delivered are key reasons for starting the new exchange facility, the note said.

World Bank and U.N. officials have been working to finalize the HEF, including completing a risk assessment, seeking a U.S. Treasury license to protect international banks from sanctions, and hiring a private company to vet participants and guard against money-laundering, the note said.

David Miliband, head of the International Rescue Committee, said the consequences of Afghanistan’s economic crisis could be devastating, and he called for a change in U.S. and international policy toward the country.

He told the Senate committee on Wednesday: “Current policy will indeed mean that a starvation crisis kills … more Afghans than the past 20 years of war.”

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Deputy interior minister for counter-narcotics travels to Uzbekistan

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Abdul Rahman Munir, the Deputy Minister for Counter-Narcotics at the Ministry of Interior, traveled to Uzbekistan this afternoon along with his accompanying delegation.

According to a statement from the Ministry of Interior, the purpose of the trip is to participate in a meeting of member countries of the Central Asian Regional Information and Coordination Centre for Combating Drugs (CARICC).

The statement added that the meeting will be held on December 5 of this year in the city of Samarkand, Uzbekistan.

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Imran Khan accuses Army Chief of ‘igniting’ Pakistan–Afghanistan tensions

In his post, written in Urdu, Khan said: “Asim Munir’s policies are disastrous for Pakistan. Because of his policies, terrorism has spiralled out of control, which grieves me deeply.”

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Former Pakistani prime minister Imran Khan has accused Army Chief Asim Munir of deliberately “igniting tensions” with Afghanistan, calling his policies “disastrous” for Pakistan.

The 73-year-old former cricketer, who has been imprisoned since 2023, issued the remarks through his official account on the social media platform X. His statement was shared a day after his sister, Uzma Khan, met him at Rawalpindi’s Adiala Jail following “special permission” granted by the government led by Shehbaz Sharif.

In his post, written in Urdu, Khan said: “Asim Munir’s policies are disastrous for Pakistan. Because of his policies, terrorism has spiralled out of control, which grieves me deeply.”

He further alleged that the army chief’s actions were motivated by a desire to please Western governments, saying Munir had “deliberately ignited tensions with Afghanistan so he could be seen internationally as a so-called ‘mujahid’.”

The founder of the Pakistan Tehreek-e-Insaf added that he had long opposed “drone attacks and military operations against our own people,” arguing such tactics would only worsen militancy. Khan claimed Munir first “threatened Afghans,” then oversaw the expulsion of refugees and the launching of drone strikes, the consequences of which he said were now visible in rising violence.

Khan also launched a personal attack on the army chief, calling him “mentally unstable” and accusing him of presiding over the “collapse of the Constitution and rule of law in Pakistan.”

He alleged that, on Munir’s orders, he and his wife had been imprisoned on fabricated charges and subjected to “the worst form of psychological torture.”

Khan said he had been held in solitary confinement for four weeks, with no human contact and without basic entitlements provided under the jail manual. He added that despite court directions, access to political colleagues, lawyers and family members had been blocked.

Referring to an incident involving another sister, Noreen Niazi, he said she was “dragged on the road” while trying to meet him.

Khan praised Khyber Pakhtunkhwa Chief Minister Sohail Afridi for choosing “resistance over compromise” and urged him to “continue to play on the front foot.” He added that those threatening to impose governor’s rule in the province should “do it today rather than tomorrow and then watch what happens.”

An undeclared ban on meetings with Khan had fuelled speculation about his health. After visiting him, Uzma Khan said he was “perfectly fine” physically but was being subjected to “mental torture” in solitary confinement.

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ILT20: Livingstone powers Knight Riders to 39-run win over Warriorz

Livingstone’s blitz propelled the Knight Riders to 233/4, the second-highest total in tournament history. H

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Liam Livingstone launched DP World ILT20 Season 4 in spectacular fashion, smashing an unbeaten 82 off 38 balls — including a record 33 runs in the final over — to fire the Abu Dhabi Knight Riders to a commanding 39-run victory over the Sharjah Warriorz at the Sharjah Cricket Stadium on Wednesday.

Livingstone’s blitz propelled the Knight Riders to 233/4, the second-highest total in tournament history. His onslaught at the death featured five sixes in the final over off Dwayne Pretorius, with four coming consecutively.

The innings had been well-set earlier by Alex Hales (32 off 19) and Alishan Sharafu (34 off 23), who provided a fast start after Michael Pepper’s short cameo. Sherfane Rutherford (45 off 27) then combined with Livingstone in a 95-run stand that kept the momentum surging. Adil Rashid was the standout bowler for the Warriorz, claiming 2/31.

Chasing 234, the Warriorz faltered early, losing Johnson Charles, Tom Abell and Tom Kohler-Cadmore in the first seven overs to slump to 56/3.

Tim David mounted a fierce counterattack, blasting 60 off 24 and hammering three straight sixes off Piyush Chawla to revive hopes. But with wickets falling around him — including Sikandar Raza (8) and Dinesh Karthik (5) — the pressure mounted. Ajay Kumar ended David’s charge in the 13th over, finishing with impressive figures of 1/22.

With nearly 20 an over required in the final stretch, the chase fizzled despite late hitting from Pretorius (39 off 20) and Adil Rashid (25 off 11). Their cameos pushed the Warriorz to 194/9, still well short of the target.

Earlier Highlights

Pepper opened brightly with three boundaries, but Pretorius removed him early. Hales and Sharafu kept the scoreboard moving before Rashid’s twin strikes broke the stand. Livingstone and Rutherford then dominated the middle overs, taking 19 off both Raza and Pretorius to set up the explosive finish.

Andre Russell chipped in with an unbeaten 11 from just four balls, partnering Livingstone in a 50-run stand off only 13 deliveries.

Reactions

Player of the Match, Liam Livingstone:
“The boys up top set a great platform. It took me a while to adjust, but once I found my rhythm at the end, it came out nicely.”

Sharjah Warriorz captain, Tim Southee:
“Against a lineup like that, you have to take wickets. We couldn’t do that in the middle or at the death. Credit to the Knight Riders — they were outstanding.”

Brief Scores

Abu Dhabi Knight Riders 233/4 (20 overs):
Livingstone 82*; Rutherford 45; Sharafu 34; Rashid 2/31; Netravalkar 1/33

Sharjah Warriorz 194/9 (20 overs):
David 60; Pretorius 39; Rashid 25; Garton 2/24; Stone 2/37; Russell 2/48

Result: Knight Riders won by 39 runs
Player of the Match: Liam Livingstone

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