Guwahati News Desk: The United Nations on Tuesday, informed that “a food emergency” is being faced by four million Afghans in the country.
Among the four million Afghans, the majority live in rural areas where $36 million is urgently needed for the coming months to ensure the planting of winter wheat, feed for livestock, and cash assistance for vulnerable families.
After the Taliban’s takeover, foreign assistance was frozen and the International Monetary Fund and World Bank halted loans. The United States also stopped $9.4 billion in reserves to the country’s central bank. The Financial Action Task Force (FATF) also asked its 39 member nations to block Taliban assets.
In such a scenario, Afghanistan’s economy has been crumbling and prices soaring. The United Nations further cautioned this week that 97 per cent of Afghanistan’s population could soon go below the poverty line – a worrying level from the pre-Taliban takeover figure of 72 per cent.
Thus, after the takeover by the Taliban, Afghanistan has been facing cash crunch, with global aids freezing and daily limits set on withdrawal from bank accounts. Infact, even majority of the Taliban fighters have not received money in months.
Furthermore, most of the countries have refused to recognize the Taliban regime, which officially calls the country Islamic Emirate of Afghanistan. And so, cash is barely trickling in.
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