The Ministry of Economy of the Islamic Emirate of Afghanistan has issued a statement in response to a recent report from the Special Inspector General for Afghanistan Reconstruction (SIGAR), claiming that the majority of financial resources allocated for humanitarian aid have been diverted to cover the operational expenses of international organizations.
The ministry highlighted that the SIGAR report indicated the expenditure of $3.71 billion by the United States over the past three years, asserting that this funding has not improved Afghanistan’s economic situation. Instead, the ministry alleges that international organizations have primarily utilized these resources for their own administrative costs, with only a fraction reaching the Afghan people under the guise of humanitarian support.
In addition, the ministry pointed out the adverse effects of U.S. financial and economic sanctions, noting that over $9 billion in Afghan foreign exchange reserves remain frozen. This situation has severely impacted the national economy, complicating efforts to stabilize and grow Afghanistan’s financial system.
The Ministry of Economy has condemned the United States’ handling of these reserves, deeming any actions regarding their allocation or transfer as unacceptable. It has called on the international community to facilitate the transfer of these funds to Da Afghanistan Bank, emphasizing that such measures are crucial for maintaining monetary stability, strengthening the financial system, and restoring trade relations with the global market.
