Washington, August 19 (FAST MAIL)- The Taliban may have seized power in Afghanistan at gunpoint 20 years later, but the International Monetary Fund (IMF) has also dealt a major blow after it found empty coffers to run the government. After the US froze assets worth Rs 706 billion, the IMF has now banned the use of Afghanistan's resources.
According to media reports, the IMF has announced that it will block Afghanistan's access to an emergency reserve of US 4 460 million, or 46 460 million (Rs 3,416.43 crore). Earlier, the governor of Afghanistan's central bank had said that foreign currency was not available in the country in the form of cash. He tweeted that the country has about 9 9 billion in reserves abroad.
It is noteworthy that the Taliban's control over the country has created uncertainty for the future of Afghanistan. With immediate effect, the US has frozen the assets of the Central Bank of Afghanistan worth about .5 9.5 billion, i.e. more than Rs 706 billion. Not only that, the US has also stopped the supply of cash to Afghanistan so that the country's money does not fall into the hands of the Taliban.