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    PM directs Pakistani mission to support families of victims in UAE

    At least 14 dead as blaze engulfs apartment buildings in Hong Kong

    Indian Muslims to build mosque in Ayodhya after Modi opens Ram Mandir

    Pakistan voices concern over flag hoisting at Babri Mosque site

    Air India, Akasa cancel flights after Ethiopian volcano erupts

    Air India, Akasa cancel flights after Ethiopian volcano erupts

    Israel kills Fatah commander in southern Lebanon

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    Pakistan presents “justified” demands to end cross-border terrorism in Istanbul talks

    Pakistan, EU stress Afghan Taliban to curb terrorism

    5 killed as KP Govt’s rescue helicopter crashes during flood operation

    Indian fighter jet crashes during Dubai Air Show

    France facing limbo after Macron gamble fails to form new government

    Macron warns any planned West Bank annexation a ‘red line’

    US Senate passes bill to end govt shutdown, sends to House

    US Senate passes bill to end govt shutdown, sends to House

    At least eight dead in explosion near historical Red Fort in India’s New Delhi

    At least eight dead in explosion near historical Red Fort in India’s New Delhi

  • BUSINESS
    Federal Govt to launch massive recruitment drive to fill vacant positions

    Pakistan’s unemployment rate jumps to 7.1%

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

    IMF urges Pakistan to reduce discretionary exemptions

    Gold price decreases Rs1,800 per tola

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

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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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