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World Bank suspends $200 million in funding to Afghanistan

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(Last Updated On: December 2, 2020)

The World Bank has suspended the payment of about $200 million in funding to Afghanistan as the country’s Central Bank has failed to provide the World Bank with necessary information.

The head of the World Bank in Afghanistan, Henry Crowley, reportedly stated in a note to President Ashraf Ghani, that the reason for holding back the money was because the Central Bank had not provided them with necessary data and information as requested.

In the letter, Crowley said written requests by the WB to the Central Bank had gone unanswered and in turn he called on Ghani to intervene.

According to the World Bank, it has pledged a total of $600 million to Afghanistan for this year. Of this, $400 million has been paid over to the Afghan government bu the remaining $200 million is being withheld.

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Beijing hosts Afghan delegation for talks on a wide range of issues

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(Last Updated On: April 18, 2024)

The third meeting of the China-Afghanistan working-level liaison mechanism on humanitarian assistance and economic reconstruction was held in Beijing this week where in-depth talks were held on numerous issues relating to Afghanistan.

Liu Jinson, Director of the Asian Department of China’s Ministry of Foreign Affairs, and Jalali, Director of the Third Political Department of the Ministry of Foreign Affairs of Afghanistan, co-chaired the Beijing meeting.

Also in attendance were representatives from various Chinese commissions, government departments, international aid organizations, as well as the Afghan Ministry of Commerce and Industry, the Ministry of Mines and Petroleum, the Ministry of Disaster Management, and the Ministry of Refugee Affairs.

Quoting an Afghan proverb, Liu said at the meeting that “friends come and go, but neighbors always remain.”

He pointed out that since 2021, China has implemented a diplomatic concept of amity, sincerity, mutual benefit and inclusiveness that was proposed by President Xi Jinping in terms of Beijing’s dealings with Afghanistan.

China has also adhered to a friendly policy towards all Afghan people, and adhered to the principle of respect for the country’s independence, sovereignty and territorial integrity.
He also said that during the different regimes in Afghanistan, China has always provided support and assistance for Afghanistan’s peaceful reconstruction and economic development.

The Afghan delegation meanwhile stated that the Islamic Emirate attaches great importance to developing relations with China, and thanked China for taking the lead in sending a new ambassador to Afghanistan and accepting the appointment of an ambassador to China.

The Islamic Emirate said Afghanistan is willing to deepen friendly relations with China, maintain traditional friendship, and will, as always, support China in safeguarding its core interests and achieving national reunification.

The two sides agreed in the meeting that Afghanistan is currently facing multiple challenges such as floods, droughts, and refugee resettlement, among other issues.

They also noted that the freezing of Afghanistan’s foreign assets by the United States has “aggravated the suffering of the Afghan people.”

The IEA stated however that it was “very grateful to China for its humanitarian assistance over the years and hopes to continue to receive help from China in refugee resettlement, disaster prevention and mitigation, improvement of medical and health conditions, and treatment of children with congenital heart disease.”

On the Belt and Road initiative, the IEA delegation said Afghanistan is deeply satisfied with the progress in practical cooperation between the two countries. They also said Afghanistan is willing to learn from China’s experience in modernization and development, and hopes that China will help Afghanistan cultivate more professional talents.

China meanwhile urged the international community to step up humanitarian assistance to Afghanistan, and said Beijing hopes the IEA will “actively respond to some of the international community’s reasonable concerns about Afghanistan’s inclusive governance.”

Liu in turn acknowledged the IEA’s efforts to promote economic reconstruction and said bilateral trade volume between China and Afghanistan reached US$1.33 billion last year, a record high and a year-on-year increase of 125.4%.

The Islamic Emirate meanwhile said in posts on X that the issue of investment opportunities in Afghanistan was widely discussed and both sides welcomed moves to pave the way for the export of pomegranates.

“Also, both sides talked about the latest developments in increasing the level of oil extraction in Afghanistan and starting the extraction of Logar’s Mes Aynak mine and it was emphasized that plans should be considered to speed things up,” the IEA stated.

“The Afghan side welcomed the capacity building training programs of civil servants in many ministries and agencies of the Afghan government with the support of China. In addition, the Chinese side promised to expand the range of scholarships to Afghan students according to the needs of Afghanistan,” the IEA stated.

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UN builds 470km of water canals in Afghanistan in past year

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(Last Updated On: April 18, 2024)

The United Nations has built 470 kilometers of much needed water canals in Afghanistan in the past year in cooperation with local communities, the World Food Program (WFP) confirmed.

WFP in Afghanistan said in a post on X, formerly Twitter, on Wednesday that the canals were built in order to provide access to water to more people across the country.

The agency said the people “in Afghanistan cannot continue their lives without access to water,” adding that the canals help farmers irrigate crops, which allows them to feed their families and sell surplus produce.

This comes after years of drought across the country. However, in the past few months, good rain has been recorded which will hopefully result in good harvests this year.

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More needs to be done to boost local industry, says Kabir

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(Last Updated On: April 17, 2024)

The deputy prime minister for policy, Mawlavi Abdul Kabir, met with Nooruddin Azizi, Acting Minister of Commerce and Industry, at Sapidar Palace on Tuesday and discussed issues around the quality of domestic products and the need to grow and develop the industrial sector.

Azizi said that good trade relations with neighboring countries has resulted in stable prices of goods in the country.

He said the Ministry of Commerce and Industry works closely with the private sector. As a result, the private sector functions in a befitting manner and the Islamic Emirate has provided necessary facilities.

Azizi said that based on the Islamic Emirate’s good economic policies, there has been a significant development in the import/export sector in the country.

Kabir in turn voiced appreciation for efforts by the leadership of the Ministry of Commerce and Industry and said: “The unprecedented efforts of the IEA’s administrations and the stability of the Afghan currency caused the price of food ingredients to remain in the right state and our people also be able to buy essential materials.”

He emphasized the need to work for a balance in trade with neighboring countries, and said more efforts were needed to improve the quality of domestic products and to grow the sector.

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