Latest News
U.N. has millions in Afghanistan bank, but cannot use it
The United Nations has about $135 million in the bank in Afghanistan but is unable to use it because the Islamic Emirate-run central bank cannot convert it to the afghani currency, a senior U.N. official said on Thursday.
Abdallah al Dardari, head of the U.N. Development Programme in Afghanistan, said the United Nations had taken the U.S. dollars into the country and deposited it with the Afghanistan International Bank “with a clear promise from the central bank that fresh cash will be automatically converted to afghanis.”
“This did not happen,” he told the ACAMS Global Sanctions Space Summit, adding that UNDP itself has “$30 million stuck at AIB that I cannot convert to afghanis and without afghanis as you can imagine, we cannot implement all our programs.”
The Islamic Emirate of Afghanistan (IEA), who seized power in August, banned the use of foreign currency in a country where U.S. dollars were common.
The IEA has long been under international sanctions, which the United Nations and aid groups say are now hindering humanitarian operations in Afghanistan, where more than half the country’s 39 million people suffer extreme hunger and the economy, education and social services face collapse.
Billions of dollars in Afghan central bank reserves and foreign development aid have been frozen to prevent it from falling into IEA hands. International banks are wary of breaching sanctions, leaving the United Nations and aid groups struggling to get enough money into the country.
Liquidity is also a problem. Al Dardari told Reuters in November that while there was about $4 billion worth of afghanis in the economy, only about $500 million worth was in circulation.
The United Nations and the World Bank are discussing a possible swap facility, aid groups and U.N. officials have said.
Al Dardari said on Thursday that this would allow cash for humanitarian operations to be paid into a mechanism abroad and then afghanis could be collected “from major traders and mobile companies from inside Afghanistan.”
He also said lessons could be learned from a program in Myanmar, where electronic payment systems bypassed the central bank. Myanmar’s military have been hit with a raft of sanctions by the United States and others since a coup a year ago.
Latest News
IEA FM calls Kabul-Pakistan talks ‘positive’ in meeting with Turkish envoy
Amir Khan Muttaqi, the Foreign Minister of the Islamic Emirate, met with Turkish Chargé d’Affaires to Kabul, Sadin Ay Yildiz, to discuss regional developments and the recent Kabul–Islamabad talks held in the city of Urumqi in China.
According to a statement issued by the Afghan foreign ministry, Muttaqi described the negotiations with Pakistan as positive and expressed hope that “minor technical issues will not hinder the progress of the talks.”
Muttaqi also assessed relations between Afghanistan and Turkey as positive and described Ankara’s previous role in mediation as valuable.
Yildiz likewise stated that positive relations between Afghanistan and Pakistan are of special importance to Ankara and that his country will continue its efforts in this regard.
Latest News
UN warns of critical funding shortfall for humanitarian aid in Afghanistan
The United Nations has raised alarm over a significant funding gap threatening the continuation of humanitarian assistance in Afghanistan, as millions remain in urgent need of support.
According to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), only $211 million—equivalent to 12.3 percent—of the required $1.7 billion for Afghanistan’s 2026 humanitarian response plan has been secured so far, leaving 87.7 percent of the funding unmet.
OCHA stressed that the scale of humanitarian needs across the country remains critically high and called on donor nations to take immediate and concrete steps to bridge the funding gap.
The agency noted that the European Commission is currently the largest donor, contributing $62.6 million, followed by the United Kingdom, the Asian Development Bank, Switzerland, and Japan. Other key contributors include Germany, Canada, Denmark, Australia, and Italy.
The report highlights that the food security and agriculture sector faces the largest funding requirement, with only $49.2 million—about 7.6 percent—of the needed $651.1 million secured. In the health sector, $29.6 million has been funded out of a required $190.8 million, while education has received 30.2 percent of its needed budget.
OCHA further warned that several critical sectors remain severely underfunded, including nutrition (2.7 percent), emergency shelter and non-food items (3.4 percent), water and sanitation (4.5 percent), and coordination and support services (7.3 percent). Meanwhile, multipurpose cash assistance has received the highest level of funding at 65.6 percent.
The UN emphasized that despite ongoing international assistance, a substantial gap persists between humanitarian needs and available resources, underscoring the urgency for increased global support to prevent a worsening crisis in Afghanistan.
Latest News
Global outrage triggered after deadly attack on civilians in Herat
A deadly attack on civilians in western Afghanistan has sparked widespread international condemnation and has seen an outpouring of condolences from individuals and organizations across the country.
This comes after unidentified gunmen opened fire on families gathered for a picnic near a Shia shrine in Deh Mehri village, in Injil district of Herat province on Friday. According to confirmed reports, at least 11 people were killed and 11 others wounded, including women and children.
The United Nations Assistance Mission in Afghanistan (UNAMA) expressed condolences to the victims and their families, describing the incident as a “terrible crime.”
“We express our condolences to the victims and to the families affected, and wish those injured a speedy recovery,” said the UN’s Officer-in-charge of Afghanistan Georgette Gagnon, who also called on authorities to conduct a thorough investigation and ensure the protection of all communities across Afghanistan.
The UN’s Special Rapporteur on Afghanistan Richard Bennett meanwhile strongly condemned the attack, describing it as “brutal” and urged that those responsible be brought to justice. He noted that the victims were members of the Shia community and stressed that such targeted violence must not go unpunished.
The European Union also denounced the killings, stating that violence against civilians is unacceptable under any circumstances. The bloc extended its condolences to the victims’ families and expressed solidarity with those affected.
No group has claimed responsibility for the attack so far.
-
Business3 days agoEtihad Airways to expand Kabul–Abu Dhabi flights to daily service amid surging demand
-
International Sports4 days agoIPL 2026: Gujarat Titans edge Delhi Capitals in last-ball thriller
-
Latest News5 days agoHundreds displaced as Afghanistan–Pakistan clashes deepen crisis
-
Regional5 days agoPakistan PM holds 45-minute call with Iranian President
-
International Sports4 days agoFIFA appoints record number of match officials for 2026 World Cup
-
Latest News4 days agoUS explores third-country resettlement for stranded Afghan allies in Qatar
-
Regional4 days agoIsrael prepares for long conflict despite US–Iran ceasefire efforts
-
Latest News5 days agoFormer Australian soldier to remain in custody over Afghan war crimes charges
