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Sanctions make IEA unable to launch major economic projects: ministry
The Islamic Emirate of Afghanistan’s (IEA) finance ministry says in the last sixteen months, the international sanctions on the Afghan banking system have made the government unable to put Afghanistan on the path of economic growth and development.
Ahmad Wali Haqmal, a spokesman for the Ministry of Finance, has said that these sanctions had the most effects on the people of Afghanistan and that Kabul wants all economic sanctions to be lifted by the international community.
“Over the past 15 months, our major problem was the frozen assets of Afghan people and restrictions on the banking system which has affected our activities and economy,” said Haqmal.
According to the officials of the finance ministry, sanctions have made them unable to undertake large economic projects.
A number of investors, however, have expressed that the flow of money transfer has not returned to normal and that they cannot freely transfer money through global systems.
Economic experts meanwhile have said that the finance ministry should increase its contact and coordination with international financial institutions in order to find a way to solve these problems.
According to economic experts, until financial problems in banks are not resolved and sanctions are not lifted, investors will face problems in their investments in Afghanistan.
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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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Islamic Emirate declines to attend Tehran meeting on Afghanistan
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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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