‘Serious possibility of complete economic collapse in Afghanistan’

UN Secretary-General Antonio Guterres issued a warning against the “serious” possibility of a complete economic collapse in Afghanistan following the Taliban takeover.

United Nations Secretary-General Antonio Guterres. Photo: Reuters

Afghanistan Crisis: UN Secretary-General Antonio Guterres issued a warning against the “serious” possibility of a complete economic collapse in Afghanistan following the Taliban takeover. Guterres made the remarks here on Monday while convening a high-level ministerial meeting on the humanitarian situation in Afghanistan, reports Xinhua news agency. He highlighted the acute and urgent need for funding support and action in the country. “The people of Afghanistan need a lifeline. After decades of war, suffering and insecurity, they face perhaps their most perilous hour,” he said during his opening remarks at the meeting. “Let us be clear: This conference is not simply about what we will give to the people of Afghanistan. It is about what we owe,” he added.

The UN chief said that as of today, one in three Afghans do not know where their next meal will come from, and their basic public services are close to collapse. Due to a severe drought, many people could run out of food by the end of this month. The threat of economic collapse was discussed at a later press conference on Monday. The risk comes from limitations in Afghanistan’s financial system, meaning that a number of basic economic functions cannot be delivered, according to the UN chief.

“The international community must find ways to make cash available to allow the Afghan economy to breathe, a total collapse would have devastating consequences to the people and risk destabilising neighbouring countries with a massive outflow,” he said. Guterres also announced that he had asked the UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Martin Griffiths, to travel to Kabul to meet the Taliban leadership. “The de facto authorities pledged, in person and in a follow-up letter to Under-Secretary-General Griffiths, that they will cooperate to ensure assistance is delivered to the people of Afghanistan.”..Read More

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