SIGAR Reports $7 Billion in Aid to Afghanistan

SIGAR added that Afghanistan’s assets in the Swiss-based Fund for the Afghan People had reached $3.84 billion dollars by June this year.

The Special Inspector General for Afghanistan Reconstruction (SIGAR) said in its latest report that the international community has provided $7 billion dollars in aid to Afghanistan over the past nearly three years.

SIGAR, citing the UN Secretary-General’s Special Representative for Afghanistan, said that about $2.9 billion dollars of this aid came from the United States, including humanitarian and developmental assistance.

According to the report, despite this aid, Afghanistan still faces an economic crisis. The report mentioned: “The UN requested $3.06 billion to fund humanitarian activities in 2024. As of July 12, the HRP was 23% funded, at $710 million. The United States is the single largest donor, having contributed nearly $232 million this year.”

“The aid given to Afghanistan over these three years, especially the 2.9 billion dollars from the US and other funds brought into Afghanistan, has been particularly effective in preventing the devaluation of the Afghan currency,” said Sayed Masoud, an economic analyst.

SIGAR added that Afghanistan’s assets in the Swiss-based Fund for the Afghan People had reached $3.84 billion dollars by June this year.

Meanwhile, the Ministry of Economy called the continuation of aid crucial under the current conditions and stressed that Afghanistan’s assets should be released and made available to the country’s citizens.

Abdul Latif Nazari, the Deputy Minister of Economy, said: “International community aid to Afghanistan is important. We are trying to use this aid to strengthen infrastructure.”

The SIGAR report also said that opium poppy cultivation in Afghanistan has decreased by more than 85% in 2023.

“Our request to the Islamic Emirate is to provide us with seeds instead of opium so that our lands can be cultivated,” said Nematullah, a farmer.

The SIGAR report also mentioned that international engagement of the interim government has increased in the past three months, citing travel of Islamic Emirate officials to other countries.

SIGAR Reports $7 Billion in Aid to Afghanistan