Latest News
UN urgently needs cash in Afghanistan, but struggles for solution
The United Nations cannot get enough cash into Afghanistan to deliver humanitarian aid to millions of people on the brink of starvation and is struggling to develop options to help stabilize the collapsing economy, U.N. officials said.
Ultimately political solutions are needed, a senior U.N. official told Reuters on condition of anonymity, an apparent reference to sanctions relief and for governments and institutions to free up billions of dollars of Afghan assets held overseas.
In the meantime U.N. agencies are scrambling to find ways to get large amounts of U.S. dollars into Afghanistan to combat a liquidity crisis that has taken hold since the Islamic Emirate of Afghanistan (IEA) ousted the Western-backed government in August.
The U.N. official shared with Reuters some of the options being suggested.
The delivery of U.S. dollars to Afghanistan has stopped since the IEA seized power and if countries or international financial institutions don’t step up then the United Nations might have to fill the gap, said the official.
One suggested option is using Afghanistan International Bank, which could bring in and store money, but there are issues with insurance, the U.N. official said.
The United Nations is also aware that no one option will work and several avenues to get enough cash into Afghanistan are needed, the official said.
U.N. Secretary-General Antonio Guterres has called for the International Monetary Fund to agree on waivers or mechanisms to get money into Afghanistan. The IMF has blocked the IEA from accessing some $440 million in new emergency reserves.
Much of the Afghan central bank’s $10 billion in overseas assets have been frozen as well, most of it in the United States. The U.S. Treasury has said there are no plans to release the money.
“We need to work together to make the economy breathe again and to help people survive,” Guterres said on Wednesday. “Injecting liquidity into the Afghan economy can be done without violating international laws or compromising principles.”
The United Nations has repeatedly warned that Afghanistan’s economy is on the brink of collapse and would likely further fuel a refugee crisis.
When asked about U.N. efforts to get cash into Afghanistan, Mary-Ellen McGroarty, head of the World Food Programme in Afghanistan, told reporters on Tuesday: “The U.N. collective is looking at what potential solutions we could have, but flying in money to the country is not on the table yet.”
“What we are using at the moment is the limited liquidity that is in the country,” she said. “But the longer this goes on … we’re finding it’s becoming more and more difficult.”
Some 8.7 million people are “one step away from starvation,” said McGroarty, adding: “There is a tsunami of destitution, incredible suffering and hunger spiraling out of control.”
The IEA is facing growing international pressure for an inclusive and representative Afghan government and to uphold human rights, particularly those of women and girls in return for international recognition and freeing up aid and reserves.
Donors and institutions are also seeking to avoid running afoul of U.N. and unilateral sanctions on the IEA.
The United Nations is appealing for countries “to provide humanitarian financial exemptions to allow funds to reach aid organizations in the country,” said U.N. spokesman Stephane Dujarric, without naming names.
U.N. agencies and aid groups are currently using informal money-moving networks – known as hawalas – and small amounts of cash in banks to pay staff salaries and for other smaller scale purchases, Dujarric told Reuters.
“These modalities are not sufficient for the large scale operations requiring cash payments or cash assistance in-country, however,” said Dujarric, adding that the United Nations was talking to international financial institutions to find a solution that would expand aid operations.
A key part of U.N. plans to inject money into Afghanistan is by providing cash directly to poor Afghan families.
Latest News
Iran FM: Regional interests directly linked to stability in Afghanistan
Iranian Foreign Minister Seyed Abbas Araqchi said on Sunday that the security, stability and prosperity of Afghanistan are directly linked to the interests of its neighbouring countries, stressing that regional cooperation is essential for lasting peace and development.
Speaking at a regional meeting on Afghanistan in Tehran, Araghchi said no extra-regional or imposed solutions can resolve Afghanistan’s challenges, arguing that neighbouring states are the most natural and reliable partners in addressing regional crises. He said Iran has consistently emphasized the central role of neighbours in all initiatives related to Afghanistan.
Highlighting Afghanistan’s geo-economic position at the crossroads of Central, West and South Asia, Araghchi said the country’s stability and development are not only a humanitarian necessity but also a strategic requirement for the entire region.
He noted that Iran, as a long-standing neighbour and close partner of the Afghan people, supports Afghanistan’s full regional integration. Araghchi added that the failure of security-centric and externally imposed approaches, including NATO’s two-decade military presence and the hasty U.S. withdrawal in 2021, demonstrated the limits of outside intervention.
The Iranian foreign minister called for regular dialogue mechanisms among Afghanistan’s neighbours to prevent misunderstandings, improve coordination on economic, border and humanitarian issues, reduce tensions and strengthen regional cooperation.
Meanwhile, Pakistan’s special envoy for Afghanistan, Mohammad Sadiq, said Islamabad’s concerns over terrorism must be addressed resolutely, adding that Pakistan supports peace, development and security across the region.
Latest News
Defense Minister stresses importance of religious and modern education in Afghanistan
Mohammad Yaqub Mujahid, Minister of Defense of the Islamic Emirate of Afghanistan has emphasized the importance of acquiring both religious and contemporary knowledge.
Speaking at a madrasa graduation ceremony in Kandahar province, he urged communities to support schools and education, stating: “Do not let your children remain uneducated. Pursue all forms of knowledge, both modern and religious.”
He added that the Islamic Emirate is committed to serving the people, with some forces protecting the borders and others safeguarding lives and property.
Separately, in a voice message to a separate ceremony in Khost, Mullah Tajmir Jawad, First Deputy of the General Directorate of Intelligence, highlighted Afghanistan’s historical role as a center of religious and scholarly learning, influenced by the Transoxiana and Deoband schools of thought.
He noted that today, Afghanistan has tens of thousands of active madrassas, educating a large number of youth, and that the Islamic Emirate gives special attention to both religious and modern sciences.
He said that the Islamic Emirate is also focused on reforming madrasa curricula, improving teaching methods, maintaining discipline, and raising the overall quality of education.
Latest News
US delivers second batch of Afghan Black Hawk helicopters to Peru
-
Latest News3 days agoMuttaqi: Afghanistan’s progress requires both religious and modern education
-
Latest News1 day agoIslamic Emirate declines to attend Tehran meeting on Afghanistan
-
Latest News3 days agoDual-citizen Afghans don’t need a visa to enter the country: Foreign Ministry
-
Latest News5 days agoTrump calls Afghanistan a ‘hellhole’ country as US expands immigration restrictions
-
Sport4 days agoCommanding wins for Arman FC and Sarsabz Yashlar in Afghanistan Champions League
-
Sport3 days agoVictories for Sorkh Poshan Khafi and Abu Muslim Farah in Afghanistan Champions League
-
World5 days agoShooting at Kentucky State University kills one, suspect in custody
-
Latest News4 days ago‘Media freedom is increasingly restricted’ in Afghanistan: Gagnon
