Tuesday, July 23, 2024

Taliban Settles Multi-Million Dollar Unpaid Debt to Uzbekistan for Electricity

Immigration News

Saqalain Eqbal
Saqalain Eqbal
Saqalain Eqbal is an Online Editor for Khaama Press. He is a Law graduate from The American University of Afghanistan (AUAF).

The Energy Ministry of Uzbekistan announced on Monday that Afghanistan has paid off its debt to Uzbekistan for the supply of electricity for the year 2021.

Afghanistan has fully paid for the supply of energy in 2021 and is now making payments for the supply of electricity in 2022, according to the Uzbek Energy Ministry.

The actual figure of the outstanding debt was not disclosed by the Energy Ministry. The Taliban government, however, stated in May that it owed Uzbekistan and Tajikistan $100 million for energy, $70 million to Uzbekistan precisely.

It had been unable to pay due to difficulties in moving funds through the international banking system caused by the country’s sanctioned Taliban.

“The calculations were made based on the demand of Afghanistan for electricity in January-June. To date, 770.2 million kWh have been delivered,” the ministry’s statement stated.

While the government of the Taliban has been able to settle its debts with the Uzbek government for electricity, Tajikistan on the other hand says Afghanistan stands a considerable debt.

According to Mohammad Omar Asuzada, the head of Tajikistan’s national power company, Barqi Tojik, Afghanistan’s Da Afghanistan Breshna Sherkat (DABS) owes Tajikistan $28 million for electricity.

Afghanistan has been experiencing the “worst humanitarian crisis” since the Taliban came to power in the middle of August of last year as a result of economic sanctions, political isolation, and the freezing of Afghanistan’s foreign reserves.

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