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G20 leaders pledge to avert economic crisis in Afghanistan

The BBC reported that members of the G20 group of major economies have pledged to avert an economic catastrophe in Afghanistan.
It said, German Chancellor Angela Merkel said the country should not be allowed to "descend into chaos".
According to the BBC, the virtual summit came as the UN urged world leaders to put billions of dollars into the Afghan economy.
US President Joe Biden stressed that aid should be provided via independent international organisations and not directly to the ruling Taliban.
But so far the money forthcoming has largely been counted in millions, just to provide emergency food and medicine.
The BBC mentioned that pledges include a promise by European Commission President Ursula von der Leyen to give €1bn ($1.15bn; £850m) to Afghanistan and to neighbouring countries taking in refugees.
Mrs Merkel, who did not stand for re-election last month and will step down as chancellor once a new government is formed, reaffirmed Germany's pledge of €600m.

She told reporters: "None of us has anything to gain if the entire monetary system in Afghanistan collapses or the financial system collapses."
"Then humanitarian aid can no longer be provided. Of course it's never easy to draw the line, so to speak, but to look on as 40 million people descend into chaos because there's no electricity supply or financial system - that cannot and must not be the goal of the international community."
Read more: G20 leaders to discuss humanitarian and security situation in Afghanistan
The chancellor said the Taliban must grant access to all UN bodies delivering aid, and stressed the need for the rights and girls and women to be respected.
Mrs Merkel's words were echoed by Italian Prime Minister Mario Draghi, who was hosting the virtual summit.
He said G20 countries had to have contact with the Taliban but that did not mean recognition of the Islamist group's government.
The BBC said, not all G20 leaders were present - Chinese President Xi Jinping and Russian President Vladimir Putin sent representatives - but Mr Draghi said all participants had agreed on the need to provide more aid.
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The leaders also discussed ways to prevent Afghanistan becoming a haven for militants such as al-Qaeda and the Islamic State group, and the need to provide safe passage for foreign nationals and Afghans hoping to leave Afghanistan.
The summit came as Western and Afghan officials met in Qatar to discuss aid, terrorism concerns and evacuation of foreigners.
These were the first direct talks between the two sides since US troops left Afghanistan and the Taliban took power in August.
Source: BBC
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BENEFIT Sponsors BuildHer...
- April 23, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”
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