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Afghan central bank board member asks Biden, IMF to release funds
A senior board member of Afghanistan’s central bank is urging the US Treasury and the International Monetary Fund to take steps to provide the Taliban-led government limited access to the country’s reserves to avoid economic disaster.
The Taliban took over Afghanistan with astonishing speed, but it appears unlikely that they will get quick access to most of the roughly $10 billion in assets held by Da Afghanistan Bank (DAB), which are mostly outside of the country, Reuters reported.
US President Joe Biden’s administration has said any central bank assets the Afghan government have in the United States will not be made available to the Taliban, and the IMF has said the country will not have access to the lender’s resources.
Shah Mehrabi, an economics professor at Montgomery College in Maryland and a member of the bank’s board since 2002, told Reuters in a telephone interview on Wednesday that Afghanistan faces an “inevitable economic and humanitarian crisis” if its international reserves remain frozen.
Mehrabi stressed he does not speak for the Taliban but is making this push in his capacity as a sitting board member. He said he plans to meet with US lawmakers this week, and hopes to talk to US Treasury officials soon as well.
“If the international community wants to prevent an economic collapse, one way would be to allow Afghanistan to gain limited and monitored access to its reserves,” he told Reuters.
“Having no access will choke off the Afghan economy, and directly hurt the Afghan people, with families pushed further into poverty.”
Mehrabi is proposing that Washington allow the new government in Kabul a limited amount of access each month, perhaps in the range of $100m to $125m to start with, that would be monitored by an independent auditor.
“The Biden administration should negotiate with the Taliban over the money in the same way they negotiated over the evacuation,” he said.
If the assets remain entirely frozen, then inflation will continue to soar, Afghans will not be able to afford basic necessities, and the central bank will lose its main tools for conducting monetary policy, he said.
The Taliban can survive on customs duties, increasing opium production, or selling off captured American military gear, but everyday Afghans will suffer and be solely reliant on international aid if the country does not have access to currency, Mehrabi added.
After nearly 20 years of American intervention, the Afghan economy is heavily dollarised, and depends on imports that largely must be purchased with foreign currency, he said.
With overseas reserves off-limits, Da Afghanistan Bank may be undermined after having cultivated a non-political, technocratic institution that so far has been allowed to continue its work under the Taliban, Mehrabi said.
“Their work there is not based on who is in power,” he said, noting that he has not been personally in touch with Taliban representatives, but is in daily contact with colleagues running operations there now.
Ajmal Ahmady, who led the central bank until the capture of Kabul, has said about $7 billion of DAB’s assets was held as a mixture of cash, gold, bonds and other investments at the US Federal Reserve.
Most of the rest is in other international accounts and at the Bank for International Settlements, a bank for central banks based in Switzerland, and not physically in DAB vaults, he said – leaving about 0.2 percent or less of the total accessible to the Taliban.
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Pakistan’s actions target militants, not religious sites: Khawaja Asif
He rejected claims equating these operations with India’s alleged strikes on mosques and religious seminaries in Bahawalpur and Muridke, stressing that Pakistan does not target religious or civilian sites.
Pakistan’s Defence Minister Khawaja Muhammad Asif has dismissed comparisons between Pakistan’s counterterrorism operations along the disputed Durand Line and what he described as India’s attacks on religious sites, saying such parallels are “entirely wrong and inappropriate.”
In a statement issued Tuesday, Asif said Pakistan’s military actions are strictly aimed at verified camps belonging to Tehreek-e-Taliban Pakistan (TTP) militants operating from Afghanistan. He rejected claims equating these operations with India’s alleged strikes on mosques and religious seminaries in Bahawalpur and Muridke, stressing that Pakistan does not target religious or civilian sites.
The defence minister said the international community, including the United Nations, has repeatedly expressed concern over the threat of terrorism they claim is originating from Afghanistan. He said these concerns are reinforced by continued militant infiltration and attacks inside Pakistan, which, according to him, are carried out by armed groups entering from Afghan territory.
Referring to India’s allegations surrounding the Pahalgam incident, Asif said New Delhi has failed to present credible or verifiable evidence to support its claims. He added that Pakistan had offered to cooperate with an independent and impartial investigation, an offer that India declined.
Asif further said a recent United Nations report had described India’s actions as illegal and based on unsubstantiated claims, while affirming that Pakistan’s response was justified under international law. He said Pakistan has already addressed and clarified allegations regarding India, what he termed proxy extremist elements, and their alleged supporters.
Reiterating Pakistan’s stance, the defence minister said the country remains vigilant and determined to protect its sovereignty and national security. He emphasized that Pakistan will continue its counterterrorism efforts and will challenge what he described as baseless accusations and hostile narratives at all international forums.
Meanwhile, the Islamic Emirate of Afghanistan (IEA) has consistently rejected Pakistan’s accusations, maintaining that Afghanistan does not allow any group to operate from its soil. Afghan authorities have repeatedly stated that Pakistan’s security challenges are an internal matter and should be addressed domestically.
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Germany conducts first deportation to Syria in a decade
The deportation marks a historic shift in German migration policy and signals the government’s determination to enforce stricter measures against convicted foreign nationals.
Germany has carried out its first deportation to Syria since the outbreak of the country’s civil war in 2011, sending a convicted Syrian national back to Damascus on a scheduled commercial flight.
The 37-year-old man, who had served a prison sentence in North Rhine-Westphalia for aggravated robbery, bodily harm, and extortion, was escorted by federal police to the Syrian capital, where he was handed over to local authorities on Tuesday, December 23.
The Federal Interior Ministry confirmed the deportation, which coincided with another removal of an individual to Afghanistan. The ministry said it had reached agreements with both Damascus and Kabul authorities to facilitate “regular” deportations of serious offenders and individuals considered security risks in the future.
The Afghan national had been imprisoned in Bavaria, including for intentional bodily harm. The ministry said this marked the second deportation of an Afghan criminal within a week.
“Criminals must leave our country. We stand for control, consequence, and zero tolerance towards offenders and threats,” said Interior Minister Alexander Dobrindt (CSU), emphasizing that the move reflects Germany’s commitment to law and order.
Dobrindt further justified the policy by highlighting the strain on local municipalities, which have faced challenges accommodating foreign nationals serving prison sentences. “We have reached the breaking point for a long time, and the overload in the municipalities is visible,” he said.
The deportation follows months of diplomatic negotiations after the fall of Bashar al-Assad’s regime in December 2024, which ended a 14-year civil war. The change prompted Germany to reassess its long-standing ban on returns to Syria.
The current coalition government, formed by CDU/CSU and SPD, explicitly committed in its agreement to resume deportations to Syria and Afghanistan, targeting criminals and “Gefährder” — individuals considered potential security threats. Chancellor Friedrich Merz has been a vocal supporter of the policy, meeting with Syria’s transitional president Ahmed al-Sharaa to discuss mechanisms for further returns.
The move carries symbolic weight amid heightened public concern over migration, with roughly one million Syrians currently residing in Germany, many of whom arrived during the 2015-2016 refugee influx under former Chancellor Angela Merkel.
While the German government asserts that the Syrian conflict is over, human rights organizations continue to caution against deportations, citing lingering instability, ongoing reconstruction challenges, and potential security risks for returnees.
The deportation marks a historic shift in German migration policy and signals the government’s determination to enforce stricter measures against convicted foreign nationals.
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