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Sanctions have delayed economic growth in Afghanistan: Nazari
Deputy Minister of Economy Abdul Latif Nazari says the IEA hopes sanctions will be lifted as soon as possible
Deputy Minister of Economy Abdul Latif Nazari says the imposed sanctions by the international community have delayed the growth, development and economic stability in Afghanistan.
“Unfair sanctions by several powerful countries have delayed the country’s economic growth. We hope that these sanctions will be lifted as soon as possible so that we can move towards economic growth, development and stability,” said Nazari.
The Islamic Emirate’s spokesman Zabihullah Mujahid also said that sanctions against the financial and banking sectors have had a negative impact on the country’s economy.
He has urged the international community, especially the US, to remove these sanctions and release Afghanistan’s foreign exchange reserves.
“We are facing some sanctions. Unfortunately, sanctions have been imposed by Western countries, both in the field of banking and in the field where Afghan money is blocked and not allowed to be used in the central bank. This has had all its negative effects,” said Mujahid.
The private sector also said that sanctions on the banking sector have prevented the country from growing rapidly because investors are having problems transferring money through banks.
Economic experts, meanwhile, believe that when the sanctions are lifted, the prices of goods will decrease and investments will be made in the country.
Currently, $7 billion in central bank reserves has been frozen by the United States; of which $3.5 billion has been transferred to a trust fund in Switzerland. The US President Joe Biden has allocated the remaining $3.5 billion to the families of the victims of the September 11, 2001 attacks.
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Continued aid to Afghanistan vital for regional security: Kazakh president
Kazakhstan’s President Kassym-Jomart Tokayev has emphasized the continuation of humanitarian assistance to Afghanistan, stating that the ongoing provision of such aid plays an important role in ensuring regional security.
Speaking at the international conference “Peace and Trust” in Ashgabat, the capital of Turkmenistan, Tokayev described addressing complex humanitarian challenges and the reconstruction of Afghanistan as a necessity.
“To ensure regional security, we consider it essential to continue providing assistance to Afghanistan, including by strengthening international efforts to address complex humanitarian issues and the reconstruction of this country. Kazakhstan remains committed to supporting the people of Afghanistan through humanitarian aid, educational projects, trade development, and food security initiatives,” he said.
Meanwhile, experts believe that sustainable improvement of the humanitarian situation in Afghanistan requires broad cooperation from the international community and support for the country’s economic development.
“Investment can be defined as one of the fundamental drivers of the economic cycle, and whenever Afghan traders do not take their money out of the country and instead invest domestically, it naturally leads to greater growth and dynamism in Afghanistan’s economy,” said Abdul Zahoor Modabber, an economic analyst.
As the humanitarian crisis in Afghanistan continues, reports by international relief organizations indicate that millions of citizens of the country are in urgent need of food, health, and livelihood assistance.
The reduction in funding for aid organizations, the impacts of climate change, and the return of migrants have increased concerns about a further deterioration of the humanitarian situation in the country.
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Sirajuddin Haqqani: A government that intimidates its people is not a true government
Khalifa Sirajuddin Haqqani, Minister of Interior of the Islamic Emirate of Afghanistan, said during a visit to Khost province on Friday that any government which rules through fear cannot be considered a true government.
“A government is one that is loved by its people, one that serves them with respect and compassion, and from whose behavior people learn ethics and sincerity,” he said.
Haqqani also stressed that Afghans who opposed the Islamic Emirate in the past should be tolerated and treated in a way that helps eliminate hostility and animosity, paving the way for national cohesion.
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