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AFGHAN ECONOMY CONTRACTS; RECEIVES USD 80 MN EVERY 14 DAYS: REPORT

The Business Guardian

|

January 22, 2024

The Afghan economy has contracted, and the country receives 80 million every 14 days, according to a report. SIGAR noted that the average value of each cargo was USD 80

AFGHAN ECONOMY CONTRACTS; RECEIVES USD 80 MN EVERY 14 DAYS: REPORT

In a recently published report, the Special Inspector General for Afghanistan Reconstruction (SIGAR) has pointed out that over the past three months, millions of dollars have been transported to Afghanistan in various shipments. SIGAR mentioned that the average value of each shipment was USD 80 million, and they were delivered to Kabul within a span of 10 to 14 days. The funds were deposited in private banks under the UN's accounts.

"The State Department told SIGAR last quarter that UN cash shipments-averaging $80 million each--arrive in Kabul every 10-14 days. According to UNAMA, all cash is placed in designated UN accounts in private banks; no cash is deposited in central banks or provided to the Taliban," SIGAR stated in its report.

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