Connect with us

Latest News

UN warns Afghanistan economy in ‘freefall’

Published

on

(Last Updated On: December 20, 2021)

Under-Secretary-General for the UN’s Humanitarian Affairs Martin Griffiths painted a grim picture on Sunday of 23 million people facing hunger; malnourished children overflowing in health facilities; 70 percent of teachers working without salaries; and millions of students – Afghanistan’s future – out of school.

Speaking virtually to the 17th Extraordinary Session of the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers in Islamabad, Pakistan, Griffiths said the crisis is unfolding as the value of the Afghani currency plummets, a lack of confidence in the financial sector destroys trade and the space for borrowing and investment dramatically constricts.

“The need for liquidity and stabilization of the banking system is now urgent – not only to save the lives of the Afghan people but also to enable humanitarian organizations to respond”, he said.

Griffiths also welcomed the decision by the World Bank’s Afghanistan Reconstruction Trust Fund to transfer $280 million by the end of December to the UN Children’s Fund (UNICEF) and the World Food Programme (WFP).

“This step should be followed by reprogramming of the whole fund to support the Afghan people this winter”, he said.

“Families simply do not have the cash for everyday transactions, while prices for key commodities continue to rise”.

The cost of wheat and fuel are up by around 40 percent and food now accounts for more than 80 percent of the average household expenditure.

And as international development support has frozen up, basic social services that all Afghans depend on are collapsing.

Griffiths cautioned that by the middle of next year, universal poverty – reaching 97 percent of the population – could be “the next grim milestone”.

“Within a year, 30 percent of Afghanistan’s gross domestic product could be lost altogether, while male unemployment may double to 29 percent”, he spelled out.

The OIC met on Sunday to express their willingness to help avert disaster and contribute to the humanitarian endeavor.

Griffiths meanwhile also said that next year, the UN would seek its largest-ever funding appeal of $4.5 billion “to help the most vulnerable in Afghanistan”.

The plan is a stopgap measure for over 21 million people who need lifesaving assistance and must be funded as “a matter of priority”, he said.

“The crisis is huge. Our humanitarian response is effective and continues to scale up, thanks to generous donor support and your sustained engagement”, he stated.

Griffiths also said that Afghanistan will not get through the winter on emergency aid alone and stressed the need for “flexible donor funding” that can be used to ensure salaries for public sector workers and support to basic services, such as health, education, electricity and livelihood.

He said going forward, continued constructive engagement with the Islamic Emirate of Afghanistan (IEA) authorities was imperative to “clarify what we expect of each other”.

“The consequences of inaction on these three fronts are clear: Afghanistan will collapse, people will run out of hope, and the region – and indeed the world – will see destabilization increase”, he underscored.

Noting that the OIC meeting was being held at “a moment of exceptional gravity for the people of Afghanistan”, Griffiths pointed out that “we have the advantage of being forewarned of the fate that awaits them if we do not act”.

Acknowledging that the meeting has provided both a chance and an opportunity to do so, he warned that “if we do not act with urgency and with a collective will, then there will be a terrible reckoning”.

“We cannot fail to do what we know is right, and what we know is possible”, concluded the Emergency Coordinator.

Latest News

Tripartite trade meeting held in Kabul to boost regional connectivity

Published

on

(Last Updated On: April 26, 2024)

A tripartite meeting between the delegations of Afghanistan, Turkmenistan and Kazakhstan was held in Kabul with the aim of connecting North Asia to South Asia and reducing transit and transportation costs among these three countries, the Ministry of Trade and Commerce said in a statement.

In this meeting, an agreement was reached on the creation of a joint technical committee to continue the talks.

This tripartite meeting was held under the leadership of Nooruddin Azizi, the Acting Minister of Industry and Commerce, Vice President of Turkmenistan and Srik Zhumangarin, the Deputy Prime Minister of Kazakhstan.

Earlier, a bilateral meeting was held between the delegation of the Islamic Emirate and Turkmenistan. The ministry of commerce said the participants of the meeting discussed the construction of a large joint logistics center in Torghondi, the trilateral transit agreement between the IEA, Turkmenistan, and Kazakhstan, the expansion of Afghanistan’s railway, solving issues related to Afghan transit and export goods, and a number of other commercial issues.

Continue Reading

Latest News

No destructive groups including Daesh present in Afghanistan: Yaqub Mujahid

Published

on

(Last Updated On: April 26, 2024)

Acting Minister of National Defense Mohammad Yaqub Mujahid has said that no destructive groups including Daesh have physical presence in Afghanistan, adding the Islamic Emirate of Afghanistan (IEA) will not allow anyone to pose threat to any country in the region from the Afghan soil.

Mujahid made the remarks in a meeting with a delegation from Malaysia in Kabul on Thursday.

According to a statement released by the Ministry of Defense, Mujahid highlighted Malaysia’s “good treatment” of Afghan refugees and its long-standing relations with Afghanistan, and said that Malaysia is a powerful Islamic country and visits should increase.

He added that with the establishment of the Islamic Emirate, occupation and war ended in Afghanistan, and the country is fully secure.

Based on the statement, the Malaysian delegation called Afghanistan a friendly country and while emphasizing on comprehensive cooperation, it assured that what they have seen in Afghanistan will be shared with the authorities of their country.

Continue Reading

Latest News

EU allocates 17 million euros to support Afghans on the move

Published

on

(Last Updated On: April 26, 2024)

The European Union signed an agreement worth 17 million euros with the International Organization for Migration (IOM) to improve access to basic services, increased economic opportunities and protection for Afghans on the move and their host communities in Afghanistan.

The needs of women and girls are a particular focus of the programme, EU said in a statement released on Thursday.

The statement noted that from January 2023 until April 2024, over 1.5 million Afghans returned from Pakistan and Iran.

“I am deeply moved by the hardship returnees face when being deported to Afghanistan. In a country suffering from poverty and climate change, and in a city that just saw devastating earthquakes, this truly is a crisis within a crisis.”, said Peteris Ustubs, Director for the Middle East, Asia and Pacific of the European Commission’s Department for International Partnerships during the signing ceremony at the IOM transit centre in Herat.

Raffaella Iodice, EU Chargée d’Affaires a.i. to Afghanistan, added “The solidarity of the Afghan people towards their brothers and sisters is an inspiration. We must assure that communities hosting and helping new arrivals are supported. The partnership with IOM ensures access to essential services and provides protection for Afghan returnees and their host communities. As women and girls can be particularly affected, we make sure that all members of society can benefit”.

“IOM’s continued partnership with the EU has been critical in enabling our teams to reach hundreds of thousands of Afghan returnees and other vulnerable communities in the country”, said IOM Afghanistan Chief of Mission, Maria Moita. “Thanks to this renewed commitment, we will be able to focus on addressing the immense challenges in the areas of return and contribute to reintegration, social cohesion, and longer-term solutions for those communities.”

This additional contribution is part of a 5-year programme that is being implemented across Afghanistan and in four countries in the region. It builds on the EU’s previous support to IOM to improve the wellbeing of Afghans forced to return to the country, EU said.

Continue Reading

Trending

Copyright © 2022 Ariana News. All rights reserved!