City
Epaper

US decision to split frozen funds for Afghan relief, 9/11 victims is injustice to Afghan people: Afghanistan's central bank

By ANI | Updated: February 13, 2022 11:15 IST

Afghanistan's central bank on Saturday criticized the US decision to split USD 7 billion of the frozen Afghan assets fund between humanitarian relief in Afghanistan and compensate victims of the September 11, 2001 attacks, and said it is an "injustice" to the people of Afghanistan.

Open in App

Afghanistan's central bank on Saturday criticized the US decision to split USD 7 billion of the frozen Afghan assets fund between humanitarian relief in Afghanistan and compensate victims of the September 11, 2001 attacks, and said it is an "injustice" to the people of Afghanistan.

"Da Afghanistan Bank (DAB) considers the latest decision of USA on blocking FX (foreign exchange) reserves and allocating them to irrelevant purposes, injustice to the people of Afghanistan," DAB, Central Bank of Afghanistan, said in a statement.

"DAB will never accept if the FX reserves of Afghanistan is paid under the name of compensation or humanitarian assistance to others and wants the reversal of the decision and release of all FX reserves of Afghanistan," the statement added.

This comes after US President Biden on Friday (local time) signed an executive order to free 7 billion US dollars out of more than 9 billion frozen Afghan assets, splitting the money between humanitarian aid for Afghanistan and a fund for 9/11 victims.

Afghanistan's banking system remains crippled after the takeover of Kabul by the Taliban in mid-August last year.

A combination of a suspension of foreign aid, the freezing of Afghan government assets, and international sanctions on the Taliban, have plunged the country, already suffering from high poverty levels, into a full-blown economic crisis.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Afghanistan bankCentral bank of afghanistanAfghanistanKabulAfgAfghanistan taliban
Open in App

Related Stories

InternationalEarthquake in Afghanistan: Quake of Magnitude 5.9 Strikes Hindu Kush Region; Tremors Felt in Delhi-NCR

InternationalEarthquake of Magnitude 4.7 on Richter Scale Hits Afghanistan

Fact Check: Old Video of Afghan Fans Celebrating Wrongly Linked to India’s ICC CT 2025 Victory

CricketChampions Trophy 2025: Australia Enters Semi-Finals After Rain Abandoned Match vs Afghanistan

Cricket“Inspired Generations to…”: Ibrahim Zadran Thanks Sachin Tendulkar for His Praise After Afghanistan’s Historic Win Over England in Champions Trophy 2025

International Realted Stories

InternationalNepal expresses concern on escalating India-Pakistan tensions

InternationalEU says every state has right to protect its citizens amid escalating tensions between India-Pakistan

InternationalIt's India's patience to adhere for 65 years: Foreign Secy Vikram Misri on Indus Water Treaty

InternationalEAM Jaishankar discusses India's firm stand on countering terrorism with Saudi Arabia Minister

InternationalBangladesh’s deafening silence: Dhaka walks tightrope as India strikes terror camps in Pakistan