U.N. Gifts Taliban $32 Million
Afghanistan’s Taliban-controlled central bank on Thursday announced the receipt of $32 million in cash from the United Nations, ostensibly to finance humanitarian aid.
In December, the U.N. reportedly agreed to begin sending cash to Afghanistan every week to fund humanitarian efforts, ramping the amounts up to $20 million per week by March 2022.
The cash aid program is intended to stabilize the Afghan economy by infusing it with dollars to stave off a liquidity crisis. Afghanistan’s banking system went into crisis mode after President Joe Biden’s disastrous withdrawal and the Taliban takeover in August.
The U.N. Development Program (UNDP) reported in November that a “colossal” failure of the banking system could be imminent.
UNDP conceded that efforts to stabilize the banking system by injecting U.S. dollars would face the risk of the Taliban simply stealing the cash. – READ MORE
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