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Afghan Central Bank

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US Decision to Control Billions of Afghan Assets Prompts Backlash
February 13th, 2022 - 08:50 GMT

US Decision to Control Billions of Afghan Assets Prompts Backlash

An executive order signed by US President Joe Biden last Friday has stirred strong reactions in different parts of the world after his administration decided to take over $7.1 billion of Afghan frozen assets and put plans to spend it, effectively depriving the country on the brink of famine of the many billions it once owned. Even though the announcement published online by the White House repeatedly expressed American "intentions ...
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