Categories: South

Afghanistan asked us Congress to release funds amid the financial crisis

KABUL: Afghanistan has asked the United States Congress to the release of Afghan central bank assets frozen by the US government, as a Taliban led country witnessing the financial crisis, according to local media on Wednesday.
In a letter to the US Congress, Afghanistan Foreign Minister Amir Khan Muttaqi said that following the signing of the DOHA agreement, the Islamic Emirates and the US were no longer in direct conflict or in military opposition, Tolo News reported.
“It is very surprising that with the announcement of the new government, the United States administration slaps sanctions on our central bank’s assets.
This is contrary to our expectations and the Doha agreement,” the letter citing the news channel was reported.
“At present the fundamental challenges of our people are financial and root security from this concern lead to freezing the assets of our people by the American Government,” Tolo News reported quoting the letter.
Furthermore, it stated that the Islamic Emirates understood the concerns of the international community and the United States, by saying that freezing Afghan assets could not solve problems.
“We are from the belief that freezing Afghan assets cannot solve problems in hand.
There is no demand for American society, then your government must revoke our capital,” said the letter.
The Ministry of Foreign Affairs in the letter said that Afghan assets remained frozen, the problem in Afghanistan would increase considering the winter was approaching.
This urged the US Congress and the US government to review his decision and release assets.
“We are worried that if the current situation applies, the Afghan government and people will face problems and will be the cause of mass migration in the region and the world which consequently creates further humanitarian and economic problems for the world,” the letter rang.
Furthermore, it stated that the freezing of Afghan assets and sanctions of the United States damaged health, education and other civil service systems Afghanistan.
And damaging this system will endanger general Afghans.
Meanwhile, Bank Da Afghanistan, the central bank in the country, has announced auction of USD 10 million to prevent the steps to drop the Afghan state currency, report local media.
Afghan has reached the lowest level against the US dollar in the last twenty years today, with 1 USD traded for 95 Afghan.
The auction will not be useful because the dollar will be traded abroad and will have a lack of impact on the value of the country’s currency, the word economic analyst expresses concerns over the decision of the central bank.
The announcement came in the middle of the call from the Taliban leaders to the international organization to withdraw Afghan assets.
Human Rights Watch has asked the United Nations to relieve financial restrictions in Afghanistan because people suffer from malnutrition, unemployment, and high prices of food and fuel, according to Khaama Press.

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