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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

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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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G7 envoys urge national dialogue for lasting stability in Afghanistan

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Special Representatives of the Group of Seven (G7), including the European Union, have emphasized the importance of a national dialogue for achieving long-term stability in Afghanistan.

Following a meeting on Afghanistan in Geneva, Switzerland, G7 special envoys issued a joint statement calling for the restoration of women's rights and urging the Islamic Emirate to fight terrorism.

The statement reads: "Achieving sustainable peace and stability requires credible governance that represents all segments of Afghan society."

The representatives also expressed concern over the IEA’s decision to ban girls from attending medical institutes, warning that it will have devastating consequences for the citizens, particularly mothers and their infants.

The statement described this ban as unacceptable and called on the Afghan authorities to lift it immediately.

Earlier, countries and international organizations had called for the removal of restrictions on the education and employment of women and girls, emphasizing the need for a national dialogue.

In response to these concerns, IEA has repeatedly stated that it will not allow interference in the internal affairs of the country.

The G7 special envoys also expressed their concern about the recent terrorist attacks in Kabul and the surrounding region, warning that terrorism remains a serious threat to Afghanistan's security. They confirmed the actions of the IEA against Daesh but stressed the need for more decisive measures.

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Afghanistan’s bright future lies in educating girls: Karzai

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Hamid Karzai, the former president of Afghanistan, says the demand of Afghan girls for the reopening of schools and universities is their fundamental right and adds that Afghanistan cannot have a bright future without ensuring access to education for girls.

In a statement on his X (formerly Twitter) account, Karzai said: "The demand and voice of our country’s girls for education and knowledge is a rightful one and crucial for a prosperous Afghanistan."

He further emphasized, "Empowering the youth—both girls and boys—is the only way to achieve self-reliance, break the cycle of poverty, and drive the development and prosperity of society."

Karzai underscored that education is vital for Afghanistan’s growth and development, expressing hope that the doors of schools and universities for girls will be reopened as soon as possible.

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IEA to set up special courts to address pensions

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Mawlawi Hebatullah Akhundzada, the supreme leader of the Islamic Emirate of Afghanistan (IEA), has issued a decree to establish special courts to address pensions, Bakhtar news agency reported on Saturday.

According to the decree, the courts must confirm and process pensions in accordance with Sharia and law.

Pensioners have repeatedly voiced concern over delay in payment, saying that their financial challenges are growing.

Earlier this year, IEA's supreme leader banned money being deducted from salaries of government employees for pensions.

He also requested information on the tenure of employees and the total amount deducted from salaries for pensions.

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