October 01, 2022 00:29 (IST)
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Afghanistan to auction $12m to stabilize currency

Kabul: Afghanistan's Da Afghanistan Bank (DAB) said on Wednesday that it has put in auction 12 million US dollars as part of efforts to keep the local currency afghani stable.

Estimated Afghan job loss since Taliban takeover likely to touch 700,000 to 900,000 by mid-2022: Report

The Special Inspector General for Afghanistan Reconstruction (SIGAR) has projected that Afghanistan might be witnessing a job loss between 700,000 and 900,000 by mid-2022 since Taliban took over the country last year, media reports said.

Afghanistan facing ‘the darkest moments’ in a generation

Kabul: The Afghanistan people are experiencing some of “the darkest moments” in a generation the UN human rights chief told Human Rights Council on Wednesday.

Afghanistan: World Bank provides $150 million lifeline to stem rural hunger

New York: A critical $150 million dollar lifeline for rural families in Afghanistan was announced by the World Bank on Monday, part of an overall package of $195 million, for critical livelihood and life-saving assistance, the UN agriculture agency FAO, said on Monday.

Afghanistan: Jobless ex-soldier commits suicide, seven children find themselves in trouble

Kabul: Hayat Gul, a resident of Ismail Khail Manozai district in Khost province and a member of the previous government's army, left seven children in trouble after he commited suicide around 20 days ago due to unemployment and poverty.

Afghanistan: 50 pct factories have stopped functioning as market drops

Kabul: Afghanistan's  Chamber of Industry and Mines as said nearly  50 percent of factories have halted operations due to banking problems and the lack of raw materials as well as the drop in market demand.

Afghanistan economy in ‘freefall’, threatening to take entire population with it

New York: 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 economy under stress: Value of Afghani drops, prices of essential commodities spike

Kabul: The drop in the value of Afghanistan's currency, Afghani, against the US dollar has left the already crippled economy of the country in trouble.

Worn-out banknotes add to Afghanistan's economic woes

Kabul/UNI: Worn-out banknotes are adding to the woes of Afghans as it threatens to further hamper economic activities in the nation.

WFP appeals for greater support for Afghanistan as hunger increases

New York: With millions in Afghanistan facing starvation as winter arrives, the World Food Programme (WFP) on Thursday urged countries to put politics aside and step up support to avert a potential catastrophe.

Urgent measures needed to restore Afghanistan's chaotic financial system, says UN

Kabul/UNI/Sputnik: The problem of financial and bank payment systems in Afghanistan, which are currently "in disarray", must be resolved quickly to minimise negative impacts on the population, according to a new situation report published by the United Nations Development Program on Monday.

Afghanistan’s farmers, herders desperate for seed, food and cash

Kabul: “Catastrophic and famine-like conditions” hang over Afghanistan’s farmers and herders, whose needs continue to worsen with the onset of winter, UN humanitarians said on Friday.

Act swiftly and with determination on Afghanistan, UN chief urges

New York: Countries must unite and act urgently to secure stability in Afghanistan, and a better future for its people, UN Secretary-General António Guterres said in a video message on Wednesday to a regional conference of the country’s neighbours, organized by Iran. 

Afghanistan crisis: Food supply for millions could run out this month

New York: Food stocks in Afghanistan could run out as soon as this month, a senior UN official warned on Wednesday, urging the international community to step up support for the country.