February 19, 2022
1 min read

‘Int’l aid alone will not save Afghanistan’

Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of US President Joe Biden to split the frozen Afghan assets currently in American banks…reports Asian Lite News

Geneva Call, an independent humanitarian organisation, has said that the humanitarian situation in Afghanistan is dire and warned that if cash does not reach soon, poverty and misery will increase in this country.

In an exclusive interview with TOLO News, head of the organisation, Alain Deletroz, said that humanitarian aid alone will not prevent the crisis in Afghanistan and that the country’s economy needed to become healthier as more money was provided.

“As a humanitarian organization we avoid commenting on political issues, but what we keep saying and telling our donors, if there is no money coming to Afghanistan at all, the humanitarian situation will be increasing,” he said.

Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of US President Joe Biden to split the frozen Afghan assets currently in American banks

Meanwhile, the Wall Street Journal said in a report that Biden’s executive order to distribute $7 billion of Afghan assets to the families of 9/11 victims is another blow to the country’s declining economy.

“The Biden administration’s decision to effectively seize the Afghan central bank’s foreign reserves is likely to deepen Afghanistan’s already devastating economic crisis, according to Afghan bankers and economists and international aid workers,” the report reads.

After the collapse of the previous government, world aid to Afghanistan halted, and the imposition of sanctions on the Islamic Emirate has put the country on the brink of a complete economic collapse.

ALSO READ: Top US general warns of ISIS presence in Afghanistan

Previous Story

Ukraine’s breakaway territories in military mobilisation

Next Story

Germany, France tell citizens to leave Ukraine

Latest from -Top News

India Launches Relief Ops in Bhutan

The Royal Government of Bhutan has expressed sincere gratitude to the Indian Army…reports Asian Lite News Amid unprecedented floods caused by a low-pressure system over the Bay of Bengal, relentless rainfall has

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on

Jaishankar Hints at Tariff Deal with US

Jaishankar explained that the ongoing trade tensions largely stem from the inability of both sides to reach a common ground on several issues….reports Asian Lite News External Affairs Minister S. Jaishankar on

Rajnath Singh Heads to Australia for Key Defence Talks

The visit comes at a historic moment when India and Australia commemorate five years of establishment of India-Australia Comprehensive Strategic Partnership…reports Asian Lite News Defence Minister Rajnath Singh will visit Australia from

California Takes Trump to Court

Trump claimed that the deployment of federalized troops was necessary because the city of Portland was under siege…reports Asian Lite News California Governor Gavin Newsom said the state will sue the Trump
Go toTop

Don't Miss

US vows to continue airstrikes supporting Afghan troops

Addressing a presser in Kabul, General McKenzie said, “The United

SC says shocked by HP govt’s delay in litigating rape matter

A bench of Justices Sanjay Kishan Kaul and Hrishikesh Roy