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Afghanistan: $667 million funding call to help Afghans through economic crisis
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22 October 2021
KABUL, 21 October 2021, (TON): The UN said “Afghanistan’s economy is imploding, with all but three per cent of households expected to fall below the poverty line in coming months.”
To help ordinary Afghans, the UN Development Programme (UNDP) has announced the launch of a “people’s economy” fund, to provide desperately needed access to cash.
The fund will tap into donations frozen since the Taliban takeover in August. Germany has already pledged $58 million of the more than $660 million required over the next 12 months, UNDP chief, Achim Steiner.
He said “there are 38 million people who cannot be kept alive just from the outside. We have to step in, we have to stabilise a ‘people’s economy’ and in addition to saving lives, we also have to save livelihoods.”
“Because otherwise, we will indeed confront a scenario through this winter and into next year where millions and millions of Afghans are simply unable to stay on their land, in their homes, in their villages and survive.”
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