United Nations Secretary-General Antonio Guterres told the UN Security Council that Afghanistan is “hanging by a thread,” and the only reason is millions of people in the country suffer extreme hunger, education and social services are on the brink of collapse, and a lack of liquidity which limits the capacity of the United Nations and aid groups to reach people in need.
“We need to give financial institutions and commercial partners legal assurance that they can work with humanitarian operators without fear of breaching sanctions,” said Guterres.
Guterres added that by contributing immediate fund and increasing the liquidity they must save Afghanistan’s economic system, which is on the brink of collapse.
Guterres added they must find the ways to unfreeze Afghan frozen assets and reengage with Afghanistan’s central bank.
The news comes as the US froze about $9.5 billion of Afghan frozen assets after Taliban’s domination.