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Novichok (Moscow) Times

IMF suspends aid to Afghanistan after Taliban seizure of power

by novichoktimes
August 19, 2021
in THE INSIDER
0
IMF suspends aid to Afghanistan after Taliban seizure of power

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The International Monetary Fund (IMF) has blocked Afghanistan’s access to its reserves due to a “political uncertainty” reported Jerry Rice Foundation spokesperson on his Twitter.

This decision was made after the seizure of power by the terrorist Taliban. “At present, there is no clarity in the international community regarding the recognition of [нового] government of Afghanistan. As a result, the country cannot access the SDR [специальным правам заимствования] and other IMF resources, ”Rice said.

In early August, the IMF approved a plan to restore the world economy for $ 650 billion.Afghanistan was to gain access to about $ 400 million of the allocated amount – these are IMF funds had list Kabul next week. In addition, the IMF will suspend a $ 370 million loan program directed to Afghanistan to stimulate the economy during the pandemic.

The decision to freeze aid to Afghanistan was made by the IMF against the backdrop of pressure from the American authorities. The US Treasury ordered the fund to ensure that the SDR share does not fall into the hands of the Taliban, writes Reuters. Previously NYT sources also statedthat President Joe Biden is trying to block the Taliban’s access to $ 400 million from the fund’s reserves.

Eve, August 18, USA froze assets of the Central Bank of Afghanistan in the amount of about $ 9.5 billion and stopped the supply of cash to the country to prevent the Taliban from gaining access to them. On Sunday, August 15, the Taliban took Kabul, and the whole of Afghanistan fell under the rule of terrorists. President Ashraf Ghani and many other government officials fled the country.



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