directorport.blogg.se

Afghanistan economic freefall. it needs
Afghanistan economic freefall. it needs









Griffiths cautioned that by the middle of next year, universal poverty – reaching 97 percent of the population – could be "the next grim milestone". The cost of wheat and fuel are up by around 40 percent and food now accounts for more than 80 percent of the average household expenditure.Īnd as international development support has frozen up, basic social services that all Afghans depend on are collapsing. "Families simply do not have the cash for everyday transactions, while prices for key commodities continue to rise".

afghanistan economic freefall. it needs

"This step should be followed by reprogramming of the whole fund to support the Afghan people this winter", he said. The UN official welcomed the decision by the World Bank's Afghanistan Reconstruction Trust Fund to transfer $280 million by the end of December to the UN Children's Fund (UNICEF) and the World Food Programme (WFP). "The need for liquidity and stabilization of the banking system is now urgent – not only to save the lives of the Afghan people but also to enable humanitarian organizations to respond", he said.

afghanistan economic freefall. it needs

Moreover, this is occurring as the value of the Afghani currency plummets, a lack of confidence in the financial sector destroys trade and the space for borrowing and investment dramatically constricts. Speaking virtually to the 17th Extraordinary Session of the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers in Islamabad, Pakistan, Under-Secretary-General for Humanitarian Affairs Martin Griffiths painted a grim picture of 23 million people facing hunger malnourished children overflowing in health facilities 70 percent of teachers working without salaries and millions of students – Afghanistan's future – out of school. Our humanitarian response is effective and continues to scale up, thanks to generous donor support and your sustained engagement", he stated.Afghanistan's economy is in "free fall", the UN Emergency Relief Coordinator told a special meeting on Sunday, warning that if decisive and compassionate action is not taken immediately, it may "pull the entire population with it".

afghanistan economic freefall. it needs

The plan is a stopgap measure for over 21 million people who need lifesaving assistance and must be funded as "a matter of priority". "The United Nations stands firmly with you, and in solidarity with the people of Afghanistan", said the Relief Coordinator, explaining that next year, the UN would seek its largest-ever funding appeal of $4.5 billion "to help the most vulnerable in Afghanistan". The OIC met to express their willingness to help avert disaster and contribute to the humanitarian endeavour. "Within a year, 30 per cent of Afghanistan's gross domestic product could be lost altogether, while male unemployment may double to 29 per cent", he spelled out. Griffiths cautioned that by the middle of next year, universal poverty - reaching 97 per cent of the population - could be "the next grim milestone". And as international development support has frozen up, basic social services that all Afghans depend on are collapsing. The cost of wheat and fuel are up by around 40 per cent and food now accounts for more than 80 per cent of the average household expenditure. "The need for liquidity and stabilization of the banking system is now urgent - not only to save the lives of the Afghan people but also to enable humanitarian organizations to respond", he said.

afghanistan economic freefall. it needs

Speaking virtually to the 17th Extraordinary Session of the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers in Islamabad, Pakistan, Under-Secretary-General for Humanitarian Affairs Martin Griffiths painted a grim picture of 23 million people facing hunger malnourished children overflowing in health facilities 70 per cent of teachers working without salaries and millions of students - Afghanistan's future - out of school. New York, December 20 (ANI): Afghanistan's economy is in "free fall", UN Emergency Relief Coordinator Martin Griffiths told a special meeting on Sunday, warning that if decisive and compassionate action is not taken immediately, it may "pull the entire population with it".











Afghanistan economic freefall. it needs