About S$9.3 billion in Afghan central bank funds were frozen in the Federal Reserve Bank of New York. Read more at straitstimes.com.
KABUL - The Taliban-run Afghanistan administration said on Monday it had met US Special Representative Tom West in Qatar and discussed the lifting of travel and other restrictions on Taliban leaders and the return of Afghan central bank assets parked abroad.after foreign forces ended a 20-year presence in the country.
“IEA reiterated that it was crucial for confidence-building that blacklists & reward lists be removed, & bank reserves be unfrozen so that Afghans can establish an economy unreliant on foreign aid,” Afghan foreign ministry spokesman Qahar Balkhi said in an English-language statement. Balkhi said an IEA delegation led by acting Foreign Minister Mawlawi Amir Muttaqi, including officials of Afghanistan’s central bank and ministry of finance, met West and a 15-strong US delegation from various departments over two days in Doha.Most Taliban leaders require permission from the United Nations to travel outside Afghanistan, and the country’s banking sector has been crippled by financial sanctions.
About US$7 billion in Afghan central bank funds were frozen in the Federal Reserve Bank of New York in August 2021 after the Taliban took control of the country after a 20-year insurgency. Half of those funds are now with a Swiss-based Afghan Fund. A recent US-funded audit of the Afghan central bank has failed to win Washington’s backing for a return of bank assets from the Swiss-based trust fund. REUTERS
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taliban create bonfire of ‘immoral’ music equipmentPromoting music would morally corrupt people and lead the youth astray, the Taliban says. Read more at straitstimes.com.
Read more »
US charges Youtuber Richard Heart with fraud related to unregistered crypto offeringsThe U.S. Securities and Exchange Commission on Monday said it has charged Youtuber Richard Heart and three of his entities with conducting unregistered offerings of crypto asset securities that raised more than $1 billion and misappropriating millions of dollars of investor funds.The SEC charged Heart and
Read more »
Pakistan cenbank keeps key rate steady, inflation to decline in coming monthsKARACHI, Pakistan : Pakistan's central bank kept its key rate unchanged at 22 per cent on Monday after a scheduled meeting of its monetary policy committee, the bank's governor said at a press conference.However, central bank chief Jameel Ahmad said that inflation would gradually decline in coming months
Read more »
Taliban create bonfire of ‘immoral’ music equipmentPromoting music would morally corrupt people and lead the youth astray, the Taliban says. Read more at straitstimes.com.
Read more »