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World Bank board backs using $1 billion in frozen Afghan funds for aid

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(Last Updated On: March 2, 2022)

The executive board of the World Bank on Tuesday approved a plan to use more than $1 billion from a frozen Afghanistan trust fund to finance urgently needed education, agriculture, health and family programs, the bank announced.

The plan, which will bypass sanctioned Islamic Emirate of Afghanistan (IEA) authorities by disbursing the money through U.N. agencies and international aid groups, will provide a major boost to efforts to ease the country’s worsening humanitarian and economic crises, Reuters reported.

The approach “aims to support the delivery of essential basic services, protect vulnerable Afghans, help preserve human capital and key economic and social services, and reduce the need for humanitarian assistance in the future,” the bank said in a statement.

Afghanistan Reconstruction Trust Fund (ARTF) was frozen in August when the IEA overran Kabul as the last U.S.-led international troops departed after 20 years of war.

According to the report foreign governments ended financial aid constituting more than 70% of government expenditures while the United States led in the freezing of some $9 billion in Afghan central bank funds.

The funding cuts accelerated an economic collapse, fueling a cash crunch and deepening a humanitarian crisis that the United Nations says has pushed more than half of Afghanistan’s population of 39 million to the verge of starvation, read the report.

The World Bank statement said that as a first step, ARTF donors will decide on four projects worth about $600 million that will support “urgent needs in education, heath and agricultural sectors, as well as community livelihoods.”

There will be a “strong focus on ensuring that girls and women participate and benefit from the support,” the statement continued.

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Tripartite trade meeting held in Kabul to boost regional connectivity

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(Last Updated On: April 26, 2024)

A tripartite meeting between the delegations of Afghanistan, Turkmenistan and Kazakhstan was held in Kabul with the aim of connecting North Asia to South Asia and reducing transit and transportation costs among these three countries, the Ministry of Trade and Commerce said in a statement.

In this meeting, an agreement was reached on the creation of a joint technical committee to continue the talks.

This tripartite meeting was held under the leadership of Nooruddin Azizi, the Acting Minister of Industry and Commerce, Vice President of Turkmenistan and Srik Zhumangarin, the Deputy Prime Minister of Kazakhstan.

Earlier, a bilateral meeting was held between the delegation of the Islamic Emirate and Turkmenistan. The ministry of commerce said the participants of the meeting discussed the construction of a large joint logistics center in Torghondi, the trilateral transit agreement between the IEA, Turkmenistan, and Kazakhstan, the expansion of Afghanistan’s railway, solving issues related to Afghan transit and export goods, and a number of other commercial issues.

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No destructive groups including Daesh present in Afghanistan: Yaqub Mujahid

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(Last Updated On: April 26, 2024)

Acting Minister of National Defense Mohammad Yaqub Mujahid has said that no destructive groups including Daesh have physical presence in Afghanistan, adding the Islamic Emirate of Afghanistan (IEA) will not allow anyone to pose threat to any country in the region from the Afghan soil.

Mujahid made the remarks in a meeting with a delegation from Malaysia in Kabul on Thursday.

According to a statement released by the Ministry of Defense, Mujahid highlighted Malaysia’s “good treatment” of Afghan refugees and its long-standing relations with Afghanistan, and said that Malaysia is a powerful Islamic country and visits should increase.

He added that with the establishment of the Islamic Emirate, occupation and war ended in Afghanistan, and the country is fully secure.

Based on the statement, the Malaysian delegation called Afghanistan a friendly country and while emphasizing on comprehensive cooperation, it assured that what they have seen in Afghanistan will be shared with the authorities of their country.

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EU allocates 17 million euros to support Afghans on the move

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(Last Updated On: April 26, 2024)

The European Union signed an agreement worth 17 million euros with the International Organization for Migration (IOM) to improve access to basic services, increased economic opportunities and protection for Afghans on the move and their host communities in Afghanistan.

The needs of women and girls are a particular focus of the programme, EU said in a statement released on Thursday.

The statement noted that from January 2023 until April 2024, over 1.5 million Afghans returned from Pakistan and Iran.

“I am deeply moved by the hardship returnees face when being deported to Afghanistan. In a country suffering from poverty and climate change, and in a city that just saw devastating earthquakes, this truly is a crisis within a crisis.”, said Peteris Ustubs, Director for the Middle East, Asia and Pacific of the European Commission’s Department for International Partnerships during the signing ceremony at the IOM transit centre in Herat.

Raffaella Iodice, EU Chargée d’Affaires a.i. to Afghanistan, added “The solidarity of the Afghan people towards their brothers and sisters is an inspiration. We must assure that communities hosting and helping new arrivals are supported. The partnership with IOM ensures access to essential services and provides protection for Afghan returnees and their host communities. As women and girls can be particularly affected, we make sure that all members of society can benefit”.

“IOM’s continued partnership with the EU has been critical in enabling our teams to reach hundreds of thousands of Afghan returnees and other vulnerable communities in the country”, said IOM Afghanistan Chief of Mission, Maria Moita. “Thanks to this renewed commitment, we will be able to focus on addressing the immense challenges in the areas of return and contribute to reintegration, social cohesion, and longer-term solutions for those communities.”

This additional contribution is part of a 5-year programme that is being implemented across Afghanistan and in four countries in the region. It builds on the EU’s previous support to IOM to improve the wellbeing of Afghans forced to return to the country, EU said.

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