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regular-article-logo Tuesday, 07 May 2024

This Month

US decides to split $7 billion belonging to Afghanistan’s central bank between humanitarian aid to the country and kin of victims of the 9/11 attacks

Team Graphic Published 27.02.22, 12:18 AM
The move has outraged the Afghan people

The move has outraged the Afghan people Shutterstock

The US decided to split $7 billion belonging to Afghanistan’s central bank between humanitarian aid to the country and kin of victims of the 9/11 attacks, outraging the Afghan people. Most of the bank’s assets are kept at the Federal Reserve Bank of New York. They were frozen once the Afghan government fell last year. About half a billion dollars belong to commercial banks in Afghanistan, which must keep a certain amount of deposits — including the savings of ordinary Afghans — at the central bank. Mohammad Naeem, a spokesperson of the Taliban political office in Qatar, called the move “stealing” and indicative of “the lowest level of human and moral decay of a country”.

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