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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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UNAMA chief visits northern Afghanistan, meets local officials including women

Roza Otunbayeva, Head of the United Nations Assistance Mission in Afghanistan (UNAMA), recently visited the city of Maimana in northern Afghanistan, where she met with local officials, entrepreneurs, and UN staff.
UNAMA wrote on its Facebook page on Sunday, that during the visit, entrepreneurs — including women — met with Otunbayeva, and requested support to facilitate access to new markets, particularly in Uzbekistan.
UNAMA further stated that among these entrepreneurs was a group of women who, with the support of the United Nations Development Programme (UNDP), had established a tailoring workshop.
They expressed their appreciation for the support received and spoke about the significant growth and development of their business.
UNAMA added that the organization remains committed to promoting economic opportunities and empowering Afghan communities, especially women.
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Senior Indian official meets with FM Muttaqi in Kabul

Anand Prakash, head of the Afghanistan, Iran and Pakistan Division of the Indian Ministry of External Affairs, met with Acting Foreign Minister Amir Khan Muttaqi in Kabul for talks on various issues.
According to a press release issued Sunday by the Afghan Foreign Ministry, bilateral political relations, trade, transit and recent political developments in the region were discussed in the meeting.
Muttaqi stressed the need for the expansion of diplomatic and economic relations between the two countries and explained that Afghanistan currently offers favorable opportunities for investment. He said Indian investors should take advantage of these opportunities.
He also said that facilities should be created for the movement of people between Afghanistan and India and the issuance of visas for medical purposes, students and businessmen should return to normal.
Meanwhile, Prakash said that relations with Afghanistan are important for India and he hopes that these relations will expand further in various fields.
He stressed that India will continue its cooperation with Afghanistan and wants to invest in some infrastructure projects and restart projects that were paused for some time.
The two sides also emphasized the expansion of relations, the exchange of delegations, visa facilitation and bilateral cooperation.
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Afghanistan ‘fully ready’ for Trans-Afghan railway project: Muttaqi

Acting Foreign Minister Amir Khan Muttaqi has said in a phone call with his Uzbek counterpart that Afghanistan is fully prepared for the implementation of the Trans-Afghan railway project.
During the call, the two sides discussed strengthening bilateral and multilateral relations, as well as expanding political, economic and transit cooperation, the Ministry of Foreign Affairs in Kabul said in a statement on Sunday.
Uzbek Foreign Minister Bakhtiyor Saidov noted that Afghanistan’s exports to Uzbekistan have tripled in the first four months of 2025 compared to last year. He vowed to create more facilities in the field of trade and transit between the two countries, especially in issuing visas to Afghan citizens.
Meanwhile, Amir Khan Muttaqi said that Afghanistan is fully prepared for the implementation of major economic projects such as the Trans-Afghan railway project and for the strengthening of political, trade and transit cooperation with Uzbekistan. He said that the existing opportunities should be utilized for the mutual benefit of the two countries.
The two sides also discussed the holding of a trilateral meeting between Afghanistan, Uzbekistan and Pakistan at the level of foreign ministers and agreed to coordinate through diplomatic channels to determine the exact date and place of the meeting.
The three neighboring countries signed an agreement in February 2021 to construct a 573-kilometer railway line through Afghanistan, connecting landlocked Central Asia to Pakistan seaports, with an estimated cost of $4.8 billion to enhance regional economic connectivity.
Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar held a telephone conversation with Uzbek foreign minister last Thursday to discuss the Trans-Afghan railway project.
Dar expressed hope that the three countries would soon sign a framework agreement on this important regional project.
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