Skip to main content

As Afghan economy crumbles, West working out emergency plans for 'cash airlifts'

By MK Bhadrakumar* 

The Taliban is getting many suitors lately. It is far from the “pariah” that the Biden Administration thought it was destined to be. During the past month alone, the Taliban received six suitors from the region and beyond offering courtship – the foreign minister of Qatar; the special envoys of Russia, China and Pakistan; the High representative of UK Prime Minister; and the foreign minister of Uzbekistan who visited Kabul on Thursday.
They all conveyed goodwill and made pledges of selfless affiliation. The Taliban leadership is mulling over the overtures. Ironically, the Taliban runs the risk of getting entrapped in the bitter jealousies that have surfaced amongst the outside powers.
Broadly, the outside powers have formed two blocs: Qatar is teaming up with the UK and other Western countries, while Russia, China and Pakistan tend to bond together mostly. Uzbekistan has one foot in each camp.
Qatar is acting as the bridge between the West and the Taliban and that is important for the US not only because the Pentagon’s Central Command is based in Doha but the Taliban leaders and their families have enjoyed for years the Qatari state hospitality and are beholden to the Gulf regime.
For the US, in particular, and the West in general, any recognition of the Taliban government at this stage is difficult as the chaotic withdrawal from the Kabul Airport is still fresh in everyone’s memory and remains a live issue in US politics, although it is steadily fading as more pressing domestic issues return to the centre stage – vaccination, economy, jobs, infrastructure bill and President Biden’s social safety net, etc.
But “Global Britain” is raring to go and has engaged with the Taliban officials directly. In reality, the UK is making things easy for the US to “return” to Afghanistan and start dealing with the Taliban government sooner rather than later. Britain senses that it is not in Western interests that the Russia-China-Iran regional axis calls the shots in Kabul.
Reports have appeared that emergency plans are being worked out in the Western capitals for “cash airlifts” to Afghanistan to prevent a total collapse of the country’s economy where cash is short. The emergency funding is aimed at averting a humanitarian crisis. Bizarre as it may sound, one way this could be done is by sending planeloads of US dollar bills to Kabul for distribution via banks in payments to the public directly.
The Taliban government has been sensitised about it. It is entirely conceivable that the Taliban may accept an arrangement whereby the Western powers (and the UN) replenish the Afghan banks directly.
Again, there is a parallel idea also to establish a trust fund, so to speak, out of which salaries could be disbursed to government employees and schools and hospitals are kept functioning. Plainly put, the US and other western donors would be resuming in some form their previous commitment (before the troop withdrawal), to bankroll the Afghan government, which by the World Bank estimates, amounted to a whopping 75 percent of all public spending (all in grants.)
Suffice to say, there is realisation in the Western capitals that the cash crisis could lead to the collapse of the economy, which in turn could trigger mass migration to the West from Afghanistan. The cash lifeline is reportedly being established already on a trial basis and larger air deliveries of cash from Pakistan are under consideration to inject cash into the Afghan economy.
Clearly, this project will create economic and trade levers. The current regional tour by the US Deputy Secretary of State Wendy Sherman to Tashkent and Islamabad appears to be related to the finalisation of the project to kickstart the Afghan economy.
Both Uzbekistan and Pakistan are gateways to Afghanistan. While the cash injection is best handled from Pakistan, Uzbekistan is the most feasible gateway to establish a humanitarian corridor. Besides, Washington has conceived an innovative idea to source relief supplies and other materials related to Afghan reconstruction from the production bases in Central Asian countries.
The Central Asian states are greatly interested in the idea – Uzbekistan in particular – which figured at the recent discussions of the C5+1 foreign minister level meeting between the US Secretary of State Antony Blinken and his Central Asian counterparts.
Needles to say, the Western countries are returning to Afghanistan riding the wings of a humanitarian-cum-economic-cum-trade project based on geoeconomics. But it will have profound geopolitical overtones as time passes.
These developments have prompted Russia to energise its moribund “Moscow format” to engage with the Taliban. The Moscow format is a negotiation mechanism established by Russia in 2017 to address Afghan issues. It includes Afghanistan, China, Pakistan, Iran, India, and some other countries.
It held several rounds of talks in Moscow in 2017 and 2018 but thereafter became dormant, as Russia developed yet another compact exclusive format called Troika Plus – Russia, the US, China, and Pakistan.
Western strategy to build new relationship with the Taliban through bankrolling the country’s economy makes sense
Moscow’s preference is still for Troika Plus as it provides a window of opportunity to work with the US on Afghanistan. Moscow considers that any selective engagement with the US would ease US-Russia tensions and might even have a salutary effect on the overall relations between the two superpowers.
However, the US takes a lukewarm attitude toward Troika Plus precisely for the same reason, namely, that it might get entangled needlessly with Moscow when it is better off on its own, as the Taliban are no strangers anyway.
To be sure, the spectre of the US and Western powers leveraging the Central Asian states directly over the Afghan situation, bypassing Russia, must be haunting Moscow. Indeed, the US sees any cooperation with the Central Asian states over the Afghan issue as working to its advantage in expanding its influence in that strategically important part of the Eurasian region where Russia and China currently exercise a preeminent presence.
Suffice to say, the Russian proposal to hold a meeting of the Moscow format (after an interlude of 3 years) on October 20 aims at creating space for the Taliban to negotiate with the US and Western powers, and secondly, to encourage the Taliban to diversify its relationships instead of putting all its eggs in the Western basket.
But then, the Taliban is keen on integration into the international community and is acutely conscious of the criticality of funding by the international financial institutions. The Taliban knows that Washington holds the key. Interestingly, a high-level Taliban delegation led by Foreign Minister Amir Khan Muttaqi, including senior intelligence officials, left Kabul for Doha today. Presumably, Muttaqi will have discussions with American officials.
For the Taliban, the top priority is to govern the country. It has no geopolitical agenda. It faces an acute situation insofar as its cadres are inexperienced in managing the administration and second, it lacks financial resources to run the country. This is where the Western strategy to build a new relationship with the Taliban government through bankrolling the country’s economy makes sense.
---
* Former Indian diplomat. Sourced on Globetrotter, and distributed by Independent Media Institute, this article was produced in partnership by Indian Punchline and Globetrotter

Comments

TRENDING

Swami Vivekananda's views on caste and sexuality were 'painfully' regressive

By Bhaskar Sur* Swami Vivekananda now belongs more to the modern Hindu mythology than reality. It makes a daunting job to discover the real human being who knew unemployment, humiliation of losing a teaching job for 'incompetence', longed in vain for the bliss of a happy conjugal life only to suffer the consequent frustration.

Was Netaji forced to alter face, die in obscurity in USSR in 1975? Was he so meek?

  By Rajiv Shah   This should sound almost hilarious. Not only did Subhas Chandra Bose not die in a plane crash in Taipei, nor was he the mysterious Gumnami Baba who reportedly passed away on 16 September 1985 in Ayodhya, but we are now told that he actually died in 1975—date unknown—“in oblivion” somewhere in the former Soviet Union. Which city? Moscow? No one seems to know.

Love letters in a lifelong war: Babusha Kohli’s resistance in verse

By Ravi Ranjan*  “War does not determine who is right—only who is left.” Bertrand Russell’s words echo hauntingly in our times, and few contemporary Hindi poets embody this truth as profoundly as Babusha Kohli. Emerging from Jabalpur, Madhya Pradesh, Kohli has carved a unique space in literature by weaving together tenderness, protest, and philosophy across poetry, prose, and cinema. Her work is not merely artistic expression—it is resistance, refuge, and a call for peace.

Authoritarian destruction of the public sphere in Ecuador: Trumpism in action?

By Pilar Troya Fernández  The situation in Ecuador under Daniel Noboa's government is one of authoritarianism advancing on several fronts simultaneously to consolidate neoliberalism and total submission to the US international agenda. These are not isolated measures, but rather a coordinated strategy that combines job insecurity, the dismantling of the welfare state, unrestricted access to mining, the continuation of oil exploitation without environmental considerations, the centralization of power through the financial suffocation of local governments, and the systematic criminalization of all forms of opposition and popular organization.

The golden crop: How turmeric is transforming women's lives in tribal India

By Vikas Meshram*   When the lush green fields of turmeric sway in the tribal belt of southern Rajasthan, Madhya Pradesh, and Gujarat, it is not merely a spice crop — it is the golden glow of self-reliance. In villages where even basic spices once had to be bought from the market, the very soil today is yielding a prosperity that has transformed the lives of thousands of families. At the heart of this transformation is the initiative of Vaagdhara, which has linked turmeric with livelihoods, nutrition, and village self-governance — gram swaraj.

Echoes of Vietnam and Chile: The devastating cost of the I-A Axis in Iran

​ By Ram Puniyani  ​The recent joint military actions by Israel and the United States against Iran have been devastating. Like all wars, this conflict is brutal to its core, leaving a trail of human suffering in its wake. The stated pretext for this aggression—the brutality of the Ayatollah Khamenei regime and its nuclear ambitions—clashes sharply with the reality of the diplomatic landscape. Iran had expressed a willingness to remain at the negotiating table, signaling a readiness to concede points emerging from dialogue. 

Buddhist shrines were 'massively destroyed' by Brahmanical rulers: Historian DN Jha

Nalanda mahavihara By Rajiv Shah  Prominent historian DN Jha, an expert in India's ancient and medieval past, in his new book , "Against the Grain: Notes on Identity, Intolerance and History", in a sharp critique of "Hindutva ideologues", who look at the ancient period of Indian history as "a golden age marked by social harmony, devoid of any religious violence", has said, "Demolition and desecration of rival religious establishments, and the appropriation of their idols, was not uncommon in India before the advent of Islam".

The price of silence: Why Modi won’t follow Shastri, appeal for sacrifice

By Arundhati Dhuru, Sandeep Pandey*  ​In 1965, as India grappled with war and a crippling food crisis, Prime Minister Lal Bahadur Shastri faced a United States that used wheat shipments under the PL-480 agreement as a lever to dictate Indian foreign policy. Shastri’s response remains legendary: he appealed to the nation to skip one meal a day. Millions of middle-class households complied, choosing temporary hunger over the sacrifice of national dignity. Today, India faces a modern equivalent in the energy sector, yet the leadership’s response stands in stark contrast to that era of self-reliance.

False claim? What Venezuela is witnessing is not surrender but a tactical retreat

By Manolo De Los Santos  The early morning hours of January 3, 2026, marked an inflection point in Venezuela and Latin America’s centuries-long struggle for self-determination and independence. Operation Absolute Resolve, ordered by the Trump administration, constituted the most brutal and direct military assault on a sovereign state in the region in recent memory. In a shocking operation that left hundreds dead, President Nicolás Maduro and First Lady Cilia Flores were illegally kidnapped from Venezuelan soil and transported to the United States, where they now face fabricated charges in a New York federal detention facility. In the two months since this act of war, a torrent of speculation has emerged from so-called experts and pundits across the political spectrum. This has followed three main lines: One . The operation’s success indicated treason at the highest levels of the Bolivarian Revolution. Two . Acting President Delcy Rodríguez and the remaining leadership have abandone...