Afghan central bank board member asks Biden, IMF to release funds
Al Jazeera
The US and the IMF should provide the Taliban with limited fund access to prevent economic collapse, Shah Mehrabi says.
A senior board member of Afghanistan’s central bank is urging the US Treasury and the International Monetary Fund to take steps to provide the Taliban-led government limited access to the country’s reserves to avoid economic disaster. The Taliban took over Afghanistan with astonishing speed, but it appears unlikely that the group will get quick access to most of the roughly $10bn in assets held by Da Afghanistan Bank (DAB), which are mostly outside of the country. US President Joe Biden’s administration has said any central bank assets the Afghan government have in the United States will not be made available to the Taliban, and the IMF has said the country will not have access to the lender’s resources.
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