The United Nations on Monday pushed for urgent action to prop up Afghanistan’s banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months. In a three-page report on Afghanistan’s banking and financial system seen by Reuters, the U.N. Development Programme (UNDP) said the […]

Islamic Emirate of Afghanistan’s (IEA) Foreign Minister Amir Khan Muttaqi called for the release of the country’s frozen assets on Sunday saying it belongs to all Afghans and a humanitarian catastrophe will be prevented by freeing up the foreign reserves. “We have told the US that we (United States and IEA) are no longer in conflict. We (IEA) have not […]