AGL 38.89 Increased By ▲ 0.87 (2.29%)
AIRLINK 206.30 Increased By ▲ 8.94 (4.53%)
BOP 9.54 No Change ▼ 0.00 (0%)
CNERGY 6.02 Increased By ▲ 0.11 (1.86%)
DCL 9.00 Increased By ▲ 0.18 (2.04%)
DFML 37.50 Increased By ▲ 1.76 (4.92%)
DGKC 96.90 Increased By ▲ 0.04 (0.04%)
FCCL 35.32 Increased By ▲ 0.07 (0.2%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.52 Increased By ▲ 0.35 (2.66%)
HUBC 128.15 Increased By ▲ 0.60 (0.47%)
HUMNL 13.70 Increased By ▲ 0.20 (1.48%)
KEL 5.39 Increased By ▲ 0.07 (1.32%)
KOSM 7.14 Increased By ▲ 0.14 (2%)
MLCF 43.98 Decreased By ▼ -0.72 (-1.61%)
NBP 60.39 Decreased By ▼ -1.03 (-1.68%)
OGDC 215.99 Increased By ▲ 1.32 (0.61%)
PAEL 40.50 Increased By ▲ 1.71 (4.41%)
PIBTL 8.37 Increased By ▲ 0.12 (1.45%)
PPL 194.49 Increased By ▲ 1.41 (0.73%)
PRL 39.27 Increased By ▲ 0.61 (1.58%)
PTC 26.69 Increased By ▲ 0.89 (3.45%)
SEARL 106.50 Increased By ▲ 2.90 (2.8%)
TELE 8.61 Increased By ▲ 0.31 (3.73%)
TOMCL 36.10 Increased By ▲ 1.10 (3.14%)
TPLP 13.80 Increased By ▲ 0.50 (3.76%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 32.95 Decreased By ▼ -0.02 (-0.06%)
WTL 1.66 Increased By ▲ 0.06 (3.75%)
BR100 11,922 Increased By 195.1 (1.66%)
BR30 36,781 Increased By 404.5 (1.11%)
KSE100 111,734 Increased By 2220.7 (2.03%)
KSE30 35,225 Increased By 711.6 (2.06%)

BRUSSELS: Afghanistan is facing a breakdown of its economic and social systems that risks turning into a humanitarian catastrophe, the European Union's foreign policy chief said on Sunday.

Avoiding the worst-case scenario would require the Taliban to comply with conditions that would enable more international assistance, Josep Borrell wrote in a blog post.

"Afghanistan is experiencing a serious humanitarian crisis and a socio-economic collapse is looming, which would be dangerous for Afghans, the region and international security," Borrell wrote.

Food prices in the country have jumped more than 50% since the Taliban took power in August as the freezing of $9 billion of Afghanistan's assets held in foreign central bank reserves and the withdrawal of foreign income stokes inflation.

Afghanistan remittance payouts limited to local currency

The Afghan banking system is largely paralysed, with people unable to withdraw money, while the country's health system - which was heavily dependent on foreign aid - is close to collapse, according to Borrell.

"If the situation continues and with winter approaching, this risks turning into a humanitarian catastrophe," he wrote, adding that this could trigger mass migration into neighbouring states.

The 27-country EU has increased its humanitarian aid to Afghanistan since the Taliban took power, but halted its development assistance - a move also taken by other countries and the World Bank.

The EU response to the crisis would depend on the behaviour of the new Afghan authorities, Borrell said, and any resumption of relations would require compliance with conditions including human rights.

"This requires above all that the Taliban take the steps that will enable the international community to assist the Afghan people," he said, adding that female staff from international agencies must be able to do their job.

Comments

Comments are closed.