September 24, 2024

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Afghanistan could face financial collapse if its frozen belongings are usually not launched: Pakistan FM Shah Mahmood Qureshi

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Afghanistan could face an financial collapse if its frozen belongings are usually not launched to deal with the burgeoning wants, Pakistan Foreign Minister Shah Mahmood Qureshi mentioned on Saturday.
He mentioned Pakistan will host a gathering of the overseas ministers of Muslim nations on December 19 to debate the deteriorating humanitarian scenario in Afghanistan.

Qureshi instructed the media in Lahore that the seventeenth extraordinary session of the Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers might be held after 41 years, displaying the urgency of the Afghan scenario.
“Human tragedy can happen if attention is not paid to the Afghanistan situation,” he mentioned, including that half of Afghanistan’s inhabitants can endure from meals scarcity.

Advocating for the discharge of belongings of Afghanistan, he mentioned that the nation might face an financial collapse if the frozen belongings weren’t launched to deal with the burgeoning wants.
The US froze belongings price over USD 9 billion of the Afghan Central Bank after the Taliban insurgents seized energy within the war-torn nation in mid-August.

The Taliban-led Afghanistan authorities has requested the US to unfreeze the nation’s belongings and raise the sanctions on its banks, citing the hardships confronted by the individuals forward of harsh winter.
Highlighting the deteriorating scenario in Afghanistan, Qureshi mentioned it could set off a brand new refugee exodus, and requested the world to grasp the present scenario within the war-ravaged nation. Qureshi mentioned that P5 nations and the European Agency have additionally been invited to attend the assembly.
Earlier, Saudi Arabia summoned the extraordinary assembly of the OIC which is the most important physique of Muslim nations. Pakistan had provided to host the assembly in Islamabad.
Afghanistan has been underneath Taliban rule since August 15 when the Afghan hardline militant group ousted the elected authorities of President Ashraf Ghani and compelled him to flee the nation and take refuge within the UAE.