You are here: Home » International » News » Politics
Business Standard

'Serious possibility of complete economic collapse in Afghanistan'

UN Secretary-General Antonio Guterres issued a warning against the "serious" possibility of a complete economic collapse in Afghanistan following the Taliban takeover.

Antonio Guterres | Afghanistan | United Nations

IANS  |  Geneva 

United Nations Secretary-General Antonio Guterres. Photo: Reuters
United Nations Secretary-General Antonio Guterres. Photo: Reuters

UN Secretary-General issued a warning against the "serious" possibility of a complete economic collapse in following the takeover.

Guterres made the remarks here on Monday while convening a high-level ministerial meeting on the humanitarian situation in Afghanistan, reports Xinhua news agency.

He highlighted the acute and urgent need for funding support and action in the country.

"The people of need a lifeline. After decades of war, suffering and insecurity, they face perhaps their most perilous hour," he said during his opening remarks at the meeting.

"Let us be clear: This conference is not simply about what we will give to the people of It is about what we owe," he added.

The UN chief said that as of today, one in three Afghans do not know where their next meal will come from, and their basic public services are close to collapse.

Due to a severe drought, many people could run out of food by the end of this month.

The threat of economic collapse was discussed at a later press conference on Monday.

The risk comes from limitations in Afghanistan's financial system, meaning that a number of basic economic functions cannot be delivered, according to the UN chief.

"The community must find ways to make cash available to allow the Afghan economy to breathe, a total collapse would have devastating consequences to the people and risk destabilising neighbouring countries with a massive outflow," he said.

Guterres also announced that he had asked the UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Martin Griffiths, to travel to Kabul to meet the leadership.

"The de facto authorities pledged, in person and in a follow-up letter to Under-Secretary-General Griffiths, that they will cooperate to ensure assistance is delivered to the people of Afghanistan."

Asked about whether he would be willing to go to Kabul himself, Guterres said that "this is something to decide at the right moment, when the right conditions are met".

According to the Secretary-General, the UN Humanitarian Air Service has resumed flights from Islamabad to Kabul, and they were fully operational across the country.




(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, September 14 2021. 10:09 IST