“A combination of a suspension of foreign aid, the freezing of Afghan government assets, and international sanctions on the Taliban, have plunged a country already suffering from high poverty levels into a full-blown economic crisis,” the release said on Tuesday.
The release cited United Nations estimates that 22.8 million Afghans, over half the nation’s population, now face acute food insecurity and hunger, with at least a million children suffering from malnutrition. The United Nations also estimates than $200 million in humanitarian aid per month is needed to avert disaster.
With the Taliban remaining on lists of internationally sanctioned groups, Afghanistan’s foreign donors have moved to withhold and withdraw funding from the country following the group’s capture of Kabul in August.
The Biden administration froze $9.5 billion assets of the country’s central bank. The European Union followed suit by withdrawing $1.4 billion in aid, resulting in the closure of at least 2,000 health facilities serving 30 million Afghans. In addition, International Monetary Fund has frozen Taliban access to $450 million, according to the release.