Economic Indicators

Taliban call for release of frozen funds after deadly earthquake

Afghan women carry water containers through the debris of damaged houses after the recent earthquake in Wor Kali village in the Barmal district of Paktika province, Afghanistan, June 25, 2022. REUTERS/Ali Khara

By Charlotte Greenfield

KABUL (Reuters) – Afghanistan’s Taliban administration called on international governments on Saturday to roll back sanctions and lift a freeze on central bank assets following the earthquake that killed more than 1,000 people and left thousands homeless this week.

The 6.1-magnitude quake that struck the east of the country early on Wednesday damaged or destroyed 10,000 homes and also injured about 2,000 people, straining the country’s fragile health system and posing a major test for the ruling Taliban. [L1N2YC094]

“The Islamic Emirate is asking the world to give the Afghans their most basic right, which is their right to life and that is through lifting the sanctions and unfreezing our assets and also giving assistance,” Abdul Qahar Balkhi, foreign affairs ministry spokesman, told Reuters in an interview.

While humanitarian aid continues to flow to Afghanistan, funds needed for longer-term development were halted when the Taliban seized control of the country last August as foreign forces withdrew.

The administration of the hardline Islamist group is not formally recognised by international governments.

Billions of dollars in Afghan central bank reserves remain frozen overseas and sanctions hamper the banking sector as the West pushes for concessions on human rights.

Western governments are particularly concerned about the rights of women and girls to work and study under Taliban rule. In March, the group stopped high schools for girls from opening.

Asked about the issue, Balkhi said Afghans’ right to life-saving funds should be the priority, adding that the international community handled concerns over human rights differently depending on the country involved.

“Is this rule universal? Because the United States just passed an anti-abortion law,” Balkhi said, referring to the U.S. Supreme Court’s overturning on Friday of the landmark Roe v. Wade ruling that recognised a woman’s right to an abortion.

“Sixteen countries in the world have taken away the rights of religious minorities especially Muslims … are they also facing sanctions because they are violating rights?,” he added.

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