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Monday, September 27, 2021

Afghanistan. The Taliban prohibits the transfer of dollars and the taking of local art abroad

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The Taliban in Afghanistan have banned the transfer of dollars and the export of local artworks abroad. The BBC said attempts to break this ban would be punished and any money or artifacts removed would be confiscated.

According to the BBC, the Taliban face growing liquidity problems. The Central Bank of Afghanistan has $ 9 billion in reserves, but these are kept in the US, and Washington prevents the Taliban from withdrawing any assets.


Both the World Bank and the International Monetary Fund have announced that they are holding direct disbursements as part of their operations in Afghanistan.

Afghans in front of a bank in Kabul PAP / EPA / AKHTER GULFAM

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Before the Taliban took control of the country, the World Bank ran about 20 development programs in Afghanistan. Since 2002, it has provided $ 5.3 billion, mostly in the form of subsidies.

Banks in Kabul opened for the first time since August 15

Earlier on Wednesday, the BBC reported that banks in Kabul had opened for the first time since the Taliban seized power in the Afghan capital on August 15. Due to the lack of cash, many people still cannot withdraw their savings. Kabul Bank started serving customers, but it does not allow them to withdraw larger sums of cash.

According to witnesses, bank customers create long lines in front of the branches, and the Taliban armed with truncheons keep order.

There is a shortage of cash in the country. The closing of the banks also contributed to a further increase in the prices of basic food products, informs the BBC.

Main photo source: PAP / EPA / AKHTER GULFAM

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