Home United States USA — Financial US freezes nearly $9.5 billion Afghanistan central bank assets: Report

US freezes nearly $9.5 billion Afghanistan central bank assets: Report

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Read more about US freezes nearly $9.5 billion Afghanistan central bank assets: Report on Business Standard. US sanctions on the Taliban mean that they cannot access any funds
The US has frozen nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation as it tries to keep a Taliban-led government from accessing the money, an administration official confirmed Tuesday. The official said that any central bank assets that the Afghan government has in the US will not be available to the Taliban, which remains on the Treasury Department’s sanctions designation list. Ajmal Ahmady, acting head of Da Afghan Bank, the nation’s central bank, early Monday tweeted that he learned on Friday that shipments of dollars would stop as the US tried to block any effort to gain access to the funds.

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