Afghanistan is facing a 'make-or-break moment' and needs the world's economic support: UN chief - News Summed Up

Afghanistan is facing a 'make-or-break moment' and needs the world's economic support: UN chief


Warning that Afghanistan is facing "a make-or-break moment," the United Nations chief on Monday urged the world to prevent the country's economy from collapsing. Eighty per cent of Afghanistan's economy is informal, with women playing an overwhelming role, and "without them there is no way the Afghan economy and society will recover," he said. Guterres said cash can be injected into the Afghan economy "without violating international laws or compromising principles." On the issue of "the injection of liquidity in the Afghan economy," Guterres said, "I think the international community is moving too slow." While humanitarian assistance saves lives, it won't solve the country's crisis unless an economic collapse is avoided, Guterres said.


Source: CBC News October 11, 2021 19:52 UTC



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