Africa Business Radio

UN Warns Afghanistan At Risk Of Total Breakdown

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Synopsis

The United Nations has warned that Afghanistan is at risk of a total breakdown of the international community does not find a way to keep money flowing into Afghanistan despite concerns over the Taliban government.Nearly $10bn of Afghanistan’s central bank assets are currently frozen overseas and considered key leverage over the new administration.The UN special envoy on Afghanistan Deborah Lyons told the Security Council that a way needed to be found to get the money into the country to prevent a total breakdown of the economy and social order.She noted that Afghanistan was facing a storm of crises including a plunging currency, a sharp rise in prices for food and fuel and a lack of cash at private banks. The authorities also do not have the funds to pay salaries