UN launches cash plan to prop up Afghan economy

UN launches cash plan to prop up Afghan economy

GENEVA: The United Nations on Wednesday launched a funding programme aimed at preventing the Afghan economy from collapsing during the winter by getting cash flowing through the local economy again.
The UN Development Programme has set up a trust fund through which governments can channel finance via the UN to specific programmes on the ground, rather than sending money government-to-government, with Afghanistan now controlled by the Taliban .
"What we are witnessing is not only a nation and a country in the midst of political turmoil; what we are also witnessing is an economic implosion," UNDP chief […]

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