Afghanistan Times
Related Articles
AT
Kabul: US President Joe Biden indicated to US Congress he is extending the executive order for the “national emergency with respect to the widespread humanitarian crisis in Afghanistan and the potential for a deepening economic collapse in Afghanistan.”
On February 11, 2022, he declared a national emergency to deal with the unusual and extraordinary threat to the national security and foreign policy of the United States constituted by the widespread humanitarian crisis in Afghanistan and the potential for a deepening economic collapse in Afghanistan, a notice from the White House recalled.
The widespread humanitarian crisis in Afghanistan including the urgent needs of the people of Afghanistan for food security, livelihoods support, water, sanitation, health, hygiene, shelter and settlement assistance, and COVID-19-related assistance, among other basic human needs and the potential for a deepening economic collapse in Afghanistan continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States, the statement adds.
“In addition, the preservation of certain property of Da Afghanistan Bank (DAB) held in the United States by United States financial institutions is of the utmost importance to addressing this national emergency and the welfare of the people of Afghanistan,” according to the notice.
US President Joe Biden in an executive decree on Feb. 12, 2022 split the $7 billion Afghan assets into two parts, half of which went to the Afghan trust fund in Switzerland and another half that was reserved for 9/11 victims.
