Ariana: Da Afghanistan Bank (Central Bank of Afghanistan), said Thursday, said that Automated Teller Machine (ATM) services by commercial banks will be resumed in the country. Da Afghanistan Bank, so far, has not disclosed the amount of money people can withdraw from the ATMs. Click here to read more (external link).
Michael Hughes AOPNEWS January 13, 2022 UN Secretary-General Antonio Guterres urged the international community to immediately inject liquidity into the Afghan economy and ensure the country’s central bank is preserved as millions face starvation and death. The global community, led by the United States, since the collapse of Kabul has made extensive efforts to bypass
Bloomberg: The Afghanistan economy was already in bad shape, with heavy reliance on foreign dollars, prior to the collapse of the government and the takeover by the Taliban. Since the fall, things have gotten even worse, with inflation accelerating and GDP plunging. There are multiple factors driving the leg lower, though the main one is
Radio Free Europe/Radio Liberty December 14, 2021 Afghanistan’s central bank on December 14 took steps to stop a steep drop in the country’s currency after it lost almost 12 percent of its value against the dollar in a matter of hours the day before. The central bank said it had held a number of meetings with foreign
Radio Free Europe/Radio Liberty September 1, 2021 A senior board member of Afghanistan’s central bank has told Reuters that the U.S. Treasury and the International Monetary Fund should take steps to provide the Taliban-led government limited access to the country’s reserves as the country lurches toward a possible economic disaster. Shah Mehrabi, an economics professor
Rob Garver VOA News August 27, 2021 WASHINGTON – Steering Afghanistan’s economy would be a formidable task for anyone, which is why economists and other experts expressed dismay this week when the country’s Taliban leaders named Mohammad Idris, a relatively obscure figure from within the movement, to head Da Afghanistan Bank, the country’s central bank.
Radio Free Europe/Radio Liberty August 18, 2021 The United States has frozen Afghan central bank reserves in U.S. accounts, depriving the Taliban of billions of dollars. “Any central bank assets the Afghan government have in the United States will not be made available to the Taliban,” a U.S. administration official said on August 17. The
Tolo News: A document seen by Tolo News suggests that Ajmal Ahmadi, the governor of the Central Bank of Afghanistan, has made dozens of new appointments over the recent months with special privileges offered to the candidates. The documents show that some of the newly appointed employees were paid more than 450,000 Afs under the
1TV: Criticism on Ahmadi mounted in recent days over reports that his salary was $500 per day at the time when he was an adviser to the ministry of finance. Ahmadi has also faced criticism over his meeting in the bank with a person convicted of embezzlement and also electricity outage for several hours in
1TV: EU anti-money laundering commission added Afghanistan to the list of countries with strategic deficiencies in their anti-money laundering and counter-terrorist financing frameworks. The central bank of the country, however, reports efforts and acts taken against anti-money laundering and counter terrorist financing in compliance with EU anti-money laundering rules. Click here to read more (external link).