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Afghanistan: US to Discuss Frozen Funds With Kabul
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KABUL, 23 August 2022, (TON): According to the sources “US President Joe Biden's administration will press ahead with talks on releasing billions of dollars in Afghanistan's foreign-held assets despite the late al Qaeda leader's presence in Kabul and foot-dragging by the Islamic Emirate and Afghan central bank.”
The decision to pursue the initiative to help stabilize Afghanistan's collapsed economy underscores growing concern in Washington over a humanitarian crisis as the United Nations warns that nearly half the country's 40 million people face "acute hunger" as winter approaches.
At the core of the US-led effort, as Reuters reported last month, is a plan to transfer billions in foreign-held Afghan central bank assets into a proposed Swiss-based trust fund.
Disbursements would be made with the help of an international board and bypass the Taliban, many of whose leaders are under US and UN sanctions.
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