After the capture of power in Afghanistan Taliban, the International Monetary Fund suspended the access of Kabul to the IMF resources due to an uncertain political situation.
“Currently, in the international community, there is uncertainty about the recognition of the government in Afghanistan, and therefore the country does not have access to the SDR (Special Drawing Rights, special borrowing rights are a settlement unit of the IMF) or other IMF resources,” the representative said Foundation, she quotes Deutsche Vella.
on August 23 is scheduled for the distribution of the SDR in the amount of 650 billion dollars (560 billion euros) among all those who have the right to members of the IMF. The Taliban will not be able to access the share of Afghanistan, part of the head of the Afghan Central Bank of Ajmal Ahmadi, which fled abroad, 340 million dollars.
The IMF Credit Program in the amount of $ 370 million will also be suspended, aimed at stimulating the economy of Afghanistan during a crisis associated with coronavirus pandemic. According to Ahmadi, the currency reserves of the Central Bank of Afghanistan account for about nine billion dollars, but most of the money is outside the republic. Only 7 billion dollars are stored in the Central Bank of the United States.