Kabul: After the Taliban's occupation of Afghanistan, the country has now begun to be under a tour of inmates. IMF has banned assistance from Afghanistan through its resources. The IMF has said Afghanistan will not be able to utilize the resources of IMF. This includes a new allocation issued under the Special Drawing Rights Reserve.
According to the report received, the IMF has also given the reason behind this decision. The IMF says that after the Taliban occupation in Kabul, there is a lack of clarity about recognizing the government there. Hence this decision has been taken. As of April, Afghanistan's central bank had $9.4 billion in reserves, according to the International Monetary Fund. It accounts for about a third of the country's annual revenue. A large part of the property is not in Afghanistan. Quoting a source familiar with the case, said that billions of dollars of the Afghan government are kept in the US.
The Biden administration, on the other hand, froze afghan government assets held in US banks on Monday, according to the report. This will prevent the Taliban from receiving Afghanistan's coffers from US banks. According to an Afghan official, the country's central bank, The Afghanistan Bank (DAB), has a foreign exchange, gold, and other treasures.
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