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  • HOME
  • PAKISTAN
    • KARACHI
  • INTERNATIONAL
    Dubai Airports resuming ‘limited’ flights after three-day closure

    Dubai Airports resuming ‘limited’ flights after three-day closure

    Pakistan-Afghanistan agree on maintaining high-level engagement

    World urges restraint as Pakistan-Afghanistan border tensions spike

    Twitter better for ‘freedom of speech’, Senior Taliban official

    Taliban regime seeks dialogue after Pakistan inflicts heavy losses in border clashes

    Pakistan seeks stronger UK ties with newly-elect Prime Minister Keir Starmer’s

    Starmer voices concern after armed man enters Manchester mosque to kill Imam

    Iranian President lands in Pakistan on two day visit

    Iran’s Deputy FM says they ready for necessary steps to reach deal with US

    Iran imposes sanctions on US, UK over

    Iran says would respond ‘ferociously’ to any US attack

    Brazil, India ink critical minerals deal

    Brazil, India ink critical minerals deal

    Pakistan congratulates Donald Trump for winning as US president

    Trump hikes global tariff to 15%

    Trump becoming first ex-president charged with a crime in US history

    US Supreme Court strikes down Trump’s global tariffs

  • BUSINESS
    Govt plans to slash petrol prices in upcoming budget

    PM forms 18-member committee to oversee oil prices amid regional conflict

    Petrol prices likely to increase up to Rs13 per litre

    Petrol, diesel prices likely to rise by Rs7

    IMF calls for Pakistan to declare assets of above grade 17 govt officials

    IMF team arrives in Karachi for talks on third review

    PSX makes history as KSE-100 index crosses 59,000 points mark

    PSX extends losses as US tariffs return

    PM Shehbaz Sharif seeks Qatari investment in Pakistan

    Pakistan vows to expand defence ties with Qatar

    PSX launches New Trading & Surveillance System

    PSX resumes slide amid US-Iran tensions

    Brazil, India ink critical minerals deal

    Brazil, India ink critical minerals deal

    Pakistan congratulates Donald Trump for winning as US president

    Trump hikes global tariff to 15%

    FBR introduces new law mandating NOC for property transactions

    FBR orders installation of POS system in over 14 sectors

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    Kangana Ranaut slapped by CISF security staff at Chandigarh airport

    Kangana finds Salman Khan ‘Cool’, takes sharp dig at Karan Johar, Aditya Chopra

    The Kerala Story 2: Will Vipul Shah’s social drama release on February 27?

    The Kerala Story 2: Will Vipul Shah’s social drama release on February 27?

    Director Utekar to remove controversial lezim dance scene from ‘Chhaava’

    Chhaava writer DEFENDS the film’s impact months after AR Rahman called it divisive

    Imad Wasim signs Melbourne Stars for Big Bash League 2023/24

    Imad Wasim sends legal notice to ex-wife over allegations

    Ranbir Kapoor summoned by ED in betting case, Reports

    Ranbir Kapoor leases five floors in Andheri for 20 years to revive RK Studios

    Rajpal Yadav’s lawyer says stage row with Amitabh Bachchan triggered

    Rajpal Yadav’s lawyer says stage row with Amitabh Bachchan triggered

    Salim Khan stable after minor brain procedure

    Salim Khan stable after minor brain procedure

    Bigg Boss 19 winner Gaurav Khanna quashes divorce rumors with Akanksha Chamola

    Bigg Boss 19 winner Gaurav Khanna quashes divorce rumors with Akanksha Chamola

    Hania Aamir sparks dating rumours with Bollywood’s Badshah

    Birthday or wedding? Hania Aamir’s party steals the spotlight

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    World Cup 2023: Conway, Ravindra’s smash England in opener

    New Zealand knock Sri Lanka out of T20 World Cup

    England and Pakistan to meet in WC final at Melbourne after 3 decades

    England beat Pakistan by two wickets to enter T20 World Cup semifinals

    Imad Wasim signs Melbourne Stars for Big Bash League 2023/24

    Imad Wasim sends legal notice to ex-wife over allegations

    2nd test: Rain washes out day one as Bangladesh eye maiden series win against Pakistan

    T20 WC: Rain washes out first match of Super Eight Pakistan vs New Zealand

    Bangladesh eases visa policy for Pakistani citizens

    Pakistan to visit Bangladesh for ODI series in next month

    ICC fines Shaheen, Saud, Kamran for breaching Code of Conduct against SA

    T20 World Cup: Pakistan advance to Super Eight after beating Namibia

    Rain washes away Australia’s T20 World Cup dreams as Zimbabwe reaches to Super 8

    Rain washes away Australia’s T20 World Cup dreams as Zimbabwe reaches to Super 8

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    PML-N, MQM-P to contest general elections 2024 jointly

    MQM, BAP resent over exclusion of proposals in 27th amend

    President Zardari encourages Serene Air CEO to expand fleet in Pakistan

    President Zardari encourages Serene Air CEO to expand fleet in Pakistan

    PM Shehbaz urges UN to take strict action against Israel’s genocidal acts

    Shehbaz Sharif likely to meet President Trump on UNGA sidelines

    US assures Pakistan of unwavering support in reaching IMF deal

    Pakistan, US sign strategic MoUs on critical minerals cooperation

    West Indies all-rounder injured ahead of ODI series against Pakistan

    West Indies all-rounder injured ahead of ODI series against Pakistan

    Water as Warfare: The Indus Treaty Is Becoming a Battlefield

    Water as Warfare: The Indus Treaty Is Becoming a Battlefield

    The truth about the conflict between israel and palestine (gaza)

    The truth about the conflict between israel and palestine (gaza)

    Earthquake jolts different parts of Punjab and KP

    3.2 magnitude earthquake jolts parts of Karachi

    IMF postpones talks with Pakistan seeking details of flood relief expenditure

    IMF urges India, Pakistan to de-escalate military tension

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Home EDITORS PICK

UN chief backs Pakistan’s appeal for release of frozen Afghan funds

Web Desk by Web Desk
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UNITED NATIONS: UN Secretary-General Antonio Guterres Friday supported Pakistan’s call to release frozen funds of the Afghan government and appealed for an injection of cash into the war-torn country to avoid an economic meltdown.

The UN chief said that the economic crisis would spark a “catastrophic” situation for the Afghan people and be a “gift for terrorist groups.”

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Pakistan has, on multiple occasions, reiterated that the world must not isolate Afghanistan and urged the international community to address the humanitarian needs of the country.

Speaking to the media in Islamabad along with his Spanish counterpart Jose Manuel Albares, Foreign Minister Shah Mehmood Qureshi on Friday had suggested that the decision of freezing the Afghan funds will not be helpful and be revisited.

UN chief remarks for Afghanistan’s help come after his special envoy on Afghanistan, Deborah Lyons, warned the Security Council on Thursday that the freezing of billions of dollars in international Afghan assets to keep them out of Taliban hands would inevitably spark “a severe economic downturn.”

“At the present moment the UN is not even able to pay its salaries to its own workers,” Guterres told reporters.

“We need to find ways to avoid a situation that would be catastrophic for the people and, in my opinion, a source of instability, and an action, gift for terrorist groups still operating there,” he said.

Guterres said he had been speaking with International Monetary Fund chief Kristalina Georgieva, telling reporters it was essential to agree on waivers or mechanisms to get money into Afghanistan. The IMF has blocked the Taliban from accessing some $440 million in new emergency reserves.

Much of the Afghan central bank’s $10 billion in assets are also parked overseas, where they have been frozen since the Taliban came to power last month. They are considered a key instrument for the West to pressure the new Afghan rulers.

Both Guterres and UN aid chief Martin Griffiths hope that international programs to get cash into war-torn Yemen could be replicated in Afghanistan. In Yemen, the UN children’s agency, UNICEF, makes monthly cash payments to some 1.5 million of the poorest families through a program funded by the World Bank.

The United Nations is also working to ensure it can continue its humanitarian work in Afghanistan, where at least 18 million people – half the country’s population – already need help.

“We are permanently engaging with the Taliban and we believe that the dialogue with the Taliban is absolutely essential at the present moment,” Guterres said.

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