Pakistan Shuts Key Crossing into Afghanistan to Truck Drivers

On Saturday, dozens of trucks carrying perishable items, including vegetables and fruits, waited on each side of the border for the reopening of the crossing. EPA
On Saturday, dozens of trucks carrying perishable items, including vegetables and fruits, waited on each side of the border for the reopening of the crossing. EPA
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Pakistan Shuts Key Crossing into Afghanistan to Truck Drivers

On Saturday, dozens of trucks carrying perishable items, including vegetables and fruits, waited on each side of the border for the reopening of the crossing. EPA
On Saturday, dozens of trucks carrying perishable items, including vegetables and fruits, waited on each side of the border for the reopening of the crossing. EPA

Pakistan effectively closed a key northwestern border crossing with Afghanistan to truck drivers on Saturday, Afghanistan's ruling Taliban said.
Noor Mohammad Hanif, director of Information and Culture department in Afghanistan's eastern Nangarhar province said that officials at the Torkham began asking for passports and visas from Afghan drivers.
Truckers have for years been able to pass the border without documents so they generally do not have them.
Hanif said that, in response, Afghanistan is now asking Pakistani drivers for passports and visas.
In a separate statement, the Nangarhar governor’s office said that officials from both sides are in talks to solve the problem, and a “decision will be made soon,” it added.
The Torkham border crossing has been closed a number of times in recent months, including in September when it was shut for nine days due to clashes between border forces.
On Saturday, dozens of trucks carrying perishable items, including vegetables and fruits, waited on each side of the border for the reopening of the crossing, which is a vital commercial artery and a trade route to Central Asian countries for Pakistan.
Pakistan is concerned about the presence in Afghanistan of the Pakistani Taliban, which is a close ally of the Afghan Taliban. Pakistan has said many Pakistani Taliban leaders and fighters have found sanctuary in Afghanistan and have been emboldened to carry out more attacks on security forces in Pakistan.
The Afghan Taliban government insists it does not allow the Pakistani Taliban to use its soil to launch attacks in Pakistan.
This comes just days after one of Pakistan’s most senior politicians, Fazlur Rehman, whose Jamiat Ulema Islam party is known for backing the Afghan Taliban, visited Kabul in an attempt to reduce lingering tensions between the two countries.
Rehman was the first senior Pakistani politician to visit Kabul since the Taliban seized power in neighboring Afghanistan in August 2021 as U.S. and NATO troops withdrew from the country after 20 years of war.
Tensions also exist around Pakistan’s ongoing expulsion of Afghans.



Egypt GDP Growth Forecast at 4% in 2024/25 Fiscal Year, IMF Official Says

A worker counts money at a petrol station in Cairo on July 26, 2024. (AFP)
A worker counts money at a petrol station in Cairo on July 26, 2024. (AFP)
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Egypt GDP Growth Forecast at 4% in 2024/25 Fiscal Year, IMF Official Says

A worker counts money at a petrol station in Cairo on July 26, 2024. (AFP)
A worker counts money at a petrol station in Cairo on July 26, 2024. (AFP)

Egypt's economic growth is forecast at 4% in the 2024/25 fiscal year and inflation is expected to fall below 15%, the International Monetary Fund's mission chief for the country said on Tuesday.

In comments to reporters, Ivanna Vladkova Hollar added that talks between the IMF and the Egyptian government about access to climate transition financing from the Fund's Resilience and Sustainability Facility (RSF) would continue in the autumn.

In March, Prime Minister Mostafa Madbouly said the country would seek about $1.2 billion from the RSF.

Egypt can already draw $820 million from its latest 46-month IMF $8 billion loan program after the fund said on Monday it had completed its third review.

Approved in 2022 and expanded this year, the loan program followed an economic crisis marked by high inflation and severe foreign currency shortages.

Hollar said boosting tax revenue was a priority reform issue that would be discussed during the program's fourth review.

"Egypt needs tax resources to be able to spend on priority needs, that is a priority reform that we will be discussing at the time of the fourth review," she said.

Under the program, the outstanding reviews will take place every six months until autumn 2026, with each disbursement currently scheduled at about $1.3 billion, Hollar said in April.