The International Monetary Fund suspended Afghanistan’s access to funds

The taliban will not have access to IMF ressources, including the upcoming SDR allocation (reportedly worth some $450m), because “there is currently a lack of clarity within the int’l community regarding recognition of a government in Afghanistan”, IMF says.

The #IMF’s announcement came amid pressure from the U.S. Treasury, which holds a controlling share in the Fund, to ensure that #Afghanistan’s share of an SDR reserves allocation scheduled for Monday not fall into #Taliban hands.

The day after the Taliban formally announced themselves as the new leaders of Afghanistan, lines formed outside banks in a subdued Kabul and Taliban fighters patrolled the roads.

What people are saying?

Robert Pratt Pretty easy decision since any funds they still have access to (which are not miniscule) will likely fall into Russian or Chinese hands for weapons. They certainly won’t use them to govern.

Baba Jaga Maybe you can explain why people who knew they needed yo get out, waited for the fall of Kabul to do it. Trump announced withdrawal way before August 2021.

Najam ul Hassan International grabers, same is being done with Iran, done with Iraq, libya, Yaman. Your eyes are now on KSA and UAE.