Afghanistan on brink of 'irreversible' economic collapse: UN envoy
https://parstoday.ir/en/news/world-i167776-afghanistan_on_brink_of_'irreversible'_economic_collapse_un_envoy
Humanitarian agencies may have distributed enough aid to Afghanistan to prevent large-scale famine and starvation, but the economic challenges have left the country on the brink of “irreversible” ruin, the UN envoy to Kabul says.
(last modified 2022-03-03T11:01:27+00:00 )
Mar 03, 2022 10:59 UTC
  •  Afghanistan on brink of 'irreversible' economic collapse: UN envoy

Humanitarian agencies may have distributed enough aid to Afghanistan to prevent large-scale famine and starvation, but the economic challenges have left the country on the brink of “irreversible” ruin, the UN envoy to Kabul says.

Deborah Lyons, the special representative of the secretary-general and head of the United Nations Assistance Mission in Afghanistan (UNAMA), briefed the UN Security Council on Wednesday and said that solving the Afghan people’s problems required collaborating with the Taliban, who seized power in August last year.

“It is now clear that it will be impossible to truly assist Afghan people without working with the de facto authorities,” Lyons said. “This must be difficult for some to accept. But it is essential.”

The Taliban authorities lack international recognition six months after overrunning Kabul as the last US-led international troops departed, ending 20 years of war.

The administration of US President Joe Biden has frozen nearly $9.5 billion in assets belonging to the Afghan central bank since the withdrawal of its occupation forces from the country in August 2021. The International Monetary Fund (IMF) and the World Bank have suspended activities in Afghanistan, withholding aid as well as $340 million in new reserves issued by the IMF in August.

“Six months of indecision, marked by continued sanctions — albeit with some relief — and unstructured political engagement, are eroding vital social and economic coping systems and pushing the population into greater uncertainty,” Lyons said.

Describing Afghanistan’s pressing economic challenges, she warned of a tipping point that will see more businesses close, more people going unemployed, and more falling into poverty. Meanwhile, a gulf of distrust exists between the Taliban and the global community.

Afghanistan's economic collapse is "approaching a point of irreversibility," she said. 

SS