AIRLINK 195.21 Increased By ▲ 0.38 (0.2%)
BOP 9.77 Decreased By ▼ -0.04 (-0.41%)
CNERGY 7.29 Decreased By ▼ -0.07 (-0.95%)
FCCL 39.90 Increased By ▲ 1.32 (3.42%)
FFL 16.35 Decreased By ▼ -0.10 (-0.61%)
FLYNG 28.55 Increased By ▲ 1.01 (3.67%)
HUBC 132.11 Increased By ▲ 0.36 (0.27%)
HUMNL 13.80 Decreased By ▼ -0.06 (-0.43%)
KEL 4.65 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.65 Decreased By ▼ -0.01 (-0.15%)
MLCF 46.24 Increased By ▲ 0.85 (1.87%)
OGDC 213.99 No Change ▼ 0.00 (0%)
PACE 6.77 Decreased By ▼ -0.09 (-1.31%)
PAEL 40.11 Increased By ▲ 0.05 (0.12%)
PIAHCLA 16.59 Decreased By ▼ -0.20 (-1.19%)
PIBTL 8.39 Increased By ▲ 0.07 (0.84%)
POWER 9.68 Increased By ▲ 0.25 (2.65%)
PPL 182.44 Increased By ▲ 0.25 (0.14%)
PRL 41.70 Decreased By ▼ -0.13 (-0.31%)
PTC 24.85 Increased By ▲ 0.29 (1.18%)
SEARL 103.75 Increased By ▲ 1.22 (1.19%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 39.24 Decreased By ▼ -0.20 (-0.51%)
SYM 17.23 Decreased By ▼ -0.10 (-0.58%)
TELE 8.75 Decreased By ▼ -0.01 (-0.11%)
TPLP 12.75 No Change ▼ 0.00 (0%)
TRG 65.60 Increased By ▲ 0.20 (0.31%)
WAVESAPP 11.11 No Change ▼ 0.00 (0%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.96 Increased By ▲ 0.02 (0.51%)
BR100 11,992 Increased By 18.2 (0.15%)
BR30 36,276 Increased By 129.4 (0.36%)
KSE100 113,307 Decreased By -136.2 (-0.12%)
KSE30 35,592 Decreased By -43.7 (-0.12%)

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.