Qureshi Announces Pakistani Aid to Afghanistan
[ToloNews] Pakistan Foreign Minister Shah Mahmood Qureshi after his Thursday visit to Kabul said his country supports the Islamic Emirate in bringing positive changes in financial and economic areas.
Qureshi has also announced that his country will provide five billion Pakistani rupees in aid to Afghanistan to support its fragile economy.
“Pakistan will provide nearly $280 million in humanitarian aid to Afghanistan,” he added.
UNDP Launches Program to Help Prevent Collapse of Afghan Economy
[ToloNews] The United Nations Development Program's (UNDP) new assessment shows that 97% of Afghan households could be below the poverty line before mid—2022 if Afghanistan’s economic crisis is not addressed.
At the same time, the UNDP has launched a trust fund program to protect Afghanistan’s economy from collapsing and to help Afghans who lost their livelihoods after the recent political turmoil in Afghanistan.
Germany has decided to support a special trust fund for Afghanistan, and it is putting in 50 million euros.
The money will be channeled through three different routes: cash for public works programs; small grants to keep small businesses running and get start-ups off the ground; and temporary basic income for the elderly and vulnerable.