The Islamic Countries Pledge to Assist Afghanistan Financially

Kabul – The Islamic countries have pledged to establish a “Humanitarian Trust Fund” for Afghanistan at a meeting of the Organization of Islamic Cooperation (OIC), Reuters reported.

The Trust Fund would be set up with the support of the Islamic Development Bank. However, it is not clear how much money is allocated to it, Reuters quoted Pakistani Foreign Minister Shah Mahmood Qureshi.

Furthermore, the participants in the OIC summit, including representatives from the United Nations, the United States, the European Union, and Japan, said in a statement that “Afghanistan will be allowed access to frozen foreign reserves abroad to prevent a key economic collapse.”

On the other hand, no further details were given by participants in the OIC meeting about how Afghanistan would have access to the frozen money and whether it would be given directly to the Taliban.

Meanwhile, the Taliban had earlier asked the international community and the US for help in addressing the plight of millions of vulnerable and poor Afghans, however, the US officials said they would not allow the Taliban access to Afghanistan’s foreign exchange reserves.

The post The Islamic Countries Pledge to Assist Afghanistan Financially appeared first on Hasht-e Subh Daily.

Source: Hasht-e Subh Daily

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