Afghanistan: US should compensate Afghans, University professors

KABUL, 21 February 2022, (TON): A number of Afghan university professors have condemned the US president’s decision regarding the central bank’s foreign exchange reserves.

They called on the international community and international organizations to speak out against the unjust decision.

President Joe Biden has moved to freeze about $7bn in assets held in US financial institutions by the Afghan central bank in the wake of the Taliban takeover, as he vowed to direct $3.5bn to humanitarian aid and preserve the rest for families of victims of the September 11 terror attacks.

In an executive order signed on Feb 11, Biden directed all property and interests in property of the Afghan central bank in the US to be blocked and transferred to an account at the Federal Reserve Bank of New York, effectively cutting off the Taliban’s access to the US financial system.

Afghan university lecturers in a meeting today called the US President’s decision a completely irresponsible and unjust act and condemned it.

Najibullah Amarkhel, deputy chancellor of Kabul Medical University, told the meeting that the US decision was weak and full of hatred.

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