The United States Allows International Banks To Transfer Relief Funds To Afghanistan

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More than half a million of Afghanistan’s people are suffering from extreme hunger and a Huge economic and educational crisis. The Country needs funds as the humanitarian crisis has deepened since last year. The economic crisis in Afghanistan has worsened as a result of the suspension of international aid, sanctions, the freezing of government assets, and high poverty rates.
Last week, UN Secretary-General Antonio Guterres warned Afghanistan was “hanging by a thread”.
In the latest move, the United States has given global banks the “OK” to transfer aid funds to Afghanistan. International banks can transfer money to Afghanistan for humanitarian purposes, and aid groups are allowed to pay teachers and healthcare workers at state-run institutions without the fear of violating sanctions.
The US Treasury said banks can process transactions related to humanitarian operations “including clearing, settlement, and transfers through, to, or otherwise involving privately owned and state-owned Afghan depository institutions.”
Based on the permission of the US Treasury, transactions include signing agreements to provide aid directly to the Afghan people, general aid coordination, including import administration, and sharing of office space.

Pakistan has also sent another consignment of relief goods to Afghanistan on Wednesday as part of its efforts to prevent a humanitarian crisis in the war-torn country.
The Pak-Afghan Cooperation Forum (PACF) handed over 13 truckloads of relief goods to Afghan officials at the Torkham border. The relief goods included 353 tonnes of winter and hygiene packs and food items.

 

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