AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

Hundreds of people protested in Kabul on Friday, demanding that the United States release billions of dollars in central bank reserves blocked outside Afghanistan as the new Taliban government struggles to contain a deepening economic crisis.

The well organised demonstration, featuring banners with messages printed in English, came as Taliban officials stepped up demands for more than $9 billion in foreign reserves held abroad to be handed over.

"We want them to unfreeze this money as it's only Afghanistan's money," said Nooruddin Jalali, a member of the Afghan Muslim youth association NAJM, who attended the protest.

"It is Afghans' and our businessmen's money which is used for buying food and medicine."

Running out of dollars, Afghan banks ask Taliban for more cash

Taliban spokesman Suhail Shaheen tweeted about the protest, underlining the new government's support for the demonstrators and their demands.

Pressure to release central bank funds has increased as the economic crisis following the collapse of the Western-backed government last month worsened, leaving millions struggling to afford spiralling prices for food and other basic necessities.

Severe drought has threatened famine in many parts of rural Afghanistan, but the problems have also reached cities like Kabul, where many government workers have been unpaid for weeks while banks have imposed strict limits on cash withdrawals.

People have been forced to queue for hours outside banks and are limited to taking out $200 or 20,000 afghanis a week to try to prevent a run of withdrawals that could push the financial system into collapse.

Former Afghan central bank chief warns of 'difficult economic situation'

The Taliban have accused officials from the previous administration of making off with millions of dollars as President Ashraf Ghani fled Kabul, but the crisis has put them under heavy pressure as they seek to adapt to peacetime rule.

At Friday's protest, demonstrators focused their anger on US officials, with banners carrying slogans like: "Ordinary Afghans should not pay the price for America's defeat."

Kabul resident Rematullah said the issue was unrelated to problems Washington may have with any individuals.

"It's the public's money," he said.

Comments

Comments are closed.

Saleem Munshi Sep 26, 2021 10:59am
Ha Ha what a pyrrihic victory the US left only because it was no longer in their national interest. While US also killed civilians with impunity no mercy for poor Afghans from the Taliban either. Tall claims of Islamic Emirate but where is the benevolent side of Islam where in an Islamic emirate the needy are provided from Bait ul Maal. Alas the cruel and wily US holds the purse strings as in case of IRAN and poor Afghans fate is continued suffering.
thumb_up Recommended (0)