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IMF stops funds to Afghanistan, reserves blocked from Taliban - Foreign Affairs - Nairaland

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IMF stops funds to Afghanistan, reserves blocked from Taliban by HonNL: 10:48pm On Aug 18, 2021
The International Monetary Fund (IMF) has announced it will block the already-approved funds to Afghanistan following the collapse of the Ghani Government.

The IMF, early August, had approved a historic SDR456bn (US$650bn) to boost global liquidity .

The Special Drawing Rights (SDR) is an international reserve asset, created by the IMF to supplement its member countries’ official reserves.

The value of the SDR is based on a basket of five currencies—the U.S. dollar, the euro, the Chinese renminbi, the Japanese yen, and the British pound sterling.

The Afghanistan Central Bank (DAB) was expected to receive about $450m on August 23rd via shipments due to the Country's high current deficit.

As is always the case, the IMF is guided by the views of the int'l community. There is currently a lack of clarity within the int'l community regarding recognition of a government in Afghanistan, as a consequence of which the country cannot access SDRs or other IMF resources.

IMF Spokesperson, Gerry Rice

The United States had earlier frozen approximately $9.5bn in Afghan Reserves.

Ajmal Ahmady, explained in a series of tweets, that the Central Bank vaults were empty, which is sure to cause a rise in inflation, currency depreciation and increase in food prices.

Ahmady who had earlier worked with the US Treasury and later the World Bank, was appointed Acting Governor of the Afghanistan Central Bank (DAB) last year.

Like Ghani, he has fled the Country.
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Muyiwaipere(m): 11:22pm On Aug 18, 2021
I see banning of religion soon

11 Likes 2 Shares

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by falseprophet: 6:14am On Aug 19, 2021
Let them go with their money, they'll only hype the dollars they gave to some useful idiots but will never say anything about the plunder of their natural resources.

Afghanistan is not in any chaos, the streets are safer now than when America were running things.

Taliban is already offering amnesty to saboteurs and it can only get better from here.

Don't let western media fool you into thinking "Afghanistan have fallen"

If arabs can build Dubai and Saudi Arabia, Afghans can make kbul a tourist attraction.

46 Likes 6 Shares

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Harrykn: 9:26am On Aug 19, 2021
They ain’t scared
Taxes will be imposed on its citizens to support administration

3 Likes 1 Share

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Acuapo: 9:26am On Aug 19, 2021
cheesy
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Temptee101(m): 9:26am On Aug 19, 2021
Okay

Afghans will be at the receiving end. Those that will remain in the country after evacuation will really suffer.

All thanks to Islam.

10 Likes 1 Share

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by jumpandpas(m): 9:26am On Aug 19, 2021
grin

15 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Nobody: 9:26am On Aug 19, 2021
Make una leave afghans to their shithole

Western IMF should leave them too

5 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by FactBoyz: 9:26am On Aug 19, 2021
grin
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by arantess: 9:26am On Aug 19, 2021
falseprophet:
grin
what do you see false prophet?
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by LeeSantos(m): 9:26am On Aug 19, 2021
Wahala for who dey Islamic country

2 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by chrisxxx(m): 9:27am On Aug 19, 2021
This will worsen the crises. Taliban wanted power and not necessarily Shari'a. It is just like Buhari promising Islamic north implementation of Shari'a through out Nigeria while knowing in his mind that I is not possible. Taliban has come to power via Sharia. Those who support them will be surprise when the goalpost will start to be adjusted.

16 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by tuna85: 9:28am On Aug 19, 2021
grin

The United States had earlier frozen approximately $9.5bn in Afghan Reserves.


Trust me, all these do not bother the Talibans, they would definitely figure ways out of creating a better and perfect economy.

1 Like

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Bizibi(m): 9:28am On Aug 19, 2021
I think it is good there is no money left for those barbarians to control. I just imagine Taliban having access to 164 million dollars,they will come out and say they want to be a nuclear power.....

28 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by greenie77: 9:28am On Aug 19, 2021
Let the Talibans deploy their own "technocrats", let us see how they would develop a prosperous Afghanistan for the world to see, no be only to dey roam around with guns.

28 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Nonexisting1: 9:28am On Aug 19, 2021
It's a win win situation

1 Like

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by umpire1st(m): 9:28am On Aug 19, 2021
i dont think this solves the problem,the people in power dont care about the economy as long as allah is happy and the laws of sharia is being enforced the country can die of hunger for all they care

9 Likes 1 Share

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Kaybee14(m): 9:28am On Aug 19, 2021
Okay.
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by money121(m): 9:29am On Aug 19, 2021
Yimu
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Gadafii: 9:29am On Aug 19, 2021
Be like una never understand wetin dey sup, Afghanistan have the biggest opium product, now Taliban have all of that to them, and opium dey sell like hot iya kudi ewa agayin for ojuelegba under bridge

I honestly don't think funding will be Taliban's problem, they have some big alhajis in UAE and other Islamic countries bankrolling them

5 Likes 1 Share

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Jesuschristus: 9:30am On Aug 19, 2021
It will not affect Taliban, na Afghans go suffer am

2 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Earlystar698(m): 9:30am On Aug 19, 2021
Their business their problem
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by greenie77: 9:30am On Aug 19, 2021
Gadafii:
Be like una never understand wetin dey sup, Afghanistan have the biggest opium product, now Taliban have all of that to them, and opium dey sell like hot iya kudi ewa agayin for ojuelegba under bridge

I honestly don't think funding will be Taliban's problem, they have some big alhajis in UAE and other Islamic countries bankrolling them

And you think the West would just allow them free flow of trade of their opium into Europe and North America? Sure they would have financial backups from their friends in the Gulf region.

10 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by NaijaDonCast(m): 9:32am On Aug 19, 2021
When hardships start taking toll on all Afghans including the Talibans, the infidels may start venting their anger on the innocent citizens by going on a beheading spree to spite the international community

4 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by tamdun: 9:32am On Aug 19, 2021
I heard they executed a woman today for not wearing hijab, if the news is true, then fuckin kill the Taliban.

5 Likes

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Unibener: 9:34am On Aug 19, 2021
Nice, to all the Taliban supporters make una go start GO FUND Me for them.
Nonsense, spits, spits again, Tueh

1 Like

Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by Nobody: 9:34am On Aug 19, 2021
hmmmm
issoright
Re: IMF stops funds to Afghanistan, reserves blocked from Taliban by miketayo(m): 9:34am On Aug 19, 2021
Muyiwaipere:
I see banning of religion soon

You need to see an optician

2 Likes

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