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DATE PUBLISHED: 1400/11/21 - 19:51:1
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Central Bank: UN Provided $3.1M Cash Aid in Past 3 Months

  Central Bank: UN Provided $3.1M Cash Aid in Past 3 Months

The Afghanistan Central Bank (Da Afghanistan Bank) said that the UN’s $3.13 million cash assistance to Afghanistan over the past three months has increased the value of the Afghani against foreign currencies, especially the dollar.

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"Afghanistan Bank welcomes UN humanitarian assistance to Afghanistan and calls for further assistance and cooperation," said Saber Momand, spokesman of the Central Bank.

Meanwhile, some economists consider this aid to be important in reducing poverty in the country.

"Afghanistan needs more aid to be able to help our infrastructure, such as our production, industry and agriculture," said Seyar Quraishi, an economist.

"The world financial assistance can help us solve the liquidity problem, improve monetary stability and control the exchange rate," said Shakir Yaqoubi, another economist.

In the meantime, the Islamic Emirate called on the world to provide more aid to Afghanistan.

"The start of formal interaction, as well as the expansion of various interactions, especially trade and economic interactions, can save Afghanistan from the current economic crisis," said Inamullah Samangani, deputy spokesman of the Islamic Emirate.

However, after the fall of the previous government, nearly ten billion dollars of Afghan assets were frozen in US banks and international aid to the country was cut off.

 

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