Tag: Afghanistan Economic Collapse

US Treasury creates pathway to send aid to Afghanistan
World

US Treasury creates pathway to send aid to Afghanistan

The Ministry of Finance on Wednesday announced issuing a special license to ensure that some international assistance could flow to Afghanistan, which faced the crisis because the economy collapsed after the Taliban takeover in August. The license will allow the US government, international organizations such as the United Nations and non-governmental organizations operate in the country and offer humanitarian assistance despite sanctions. They will also allow Afghans to live abroad to send money to their families in Afghanistan through remittances. Government A.S. Having labeled the Taliban Afghanistan and Haqqani networks related to terrorists, greatly limited their access to global institutions and outside money that supported the country's economy before withdrawing troops A.S. This ye...