• Life and Death: NGO access to financial services in Afghanistan - NRC Report

Life and Death: NGO access to financial services in Afghanistan - NRC Report

Subject: Aid effectiveness Civil society Development Economy Humanitarian

"Afghanistan faces a looming humanitarian catastrophe. Transferring funds into Afghanistan has become a major challenge for non-governmental organisations (NGOs) since the Taliban’s return to power on 15 August 2021." - NRC, 27th January 2022

"The report finds:

  • The ability of humanitarians to respond to the crisis is hampered by the fact that Western governments and financial institutions are making it impossible to transfer and withdraw sufficient funds into and across the country.
  • Lack of clear guidance to international banks regarding what is permissible under sanctions means bank de-risking of NGO financial transactions is widespread.
  • When NGOs are able to make transfers, the suspension of the Central Bank means domestic banks in Afghanistan don’t have enough bank notes in the country to allow NGOS to withdraw sufficient cash from our accounts.
  • Public and private banks in country risk collapse, facing major challenges regarding access to physical bank notes, with withdrawal limits complication matters further for NGOs."

Executive Summary: https://www.nrc.no/globalassets/pdf/reports/life-and-death/life-and-deat...

Full Report: https://www.nrc.no/globalassets/pdf/reports/life-and-death/life-and-deat...