Afghan central bank ‘worsened crisis’, says leaked document

International officials allege “mismanagement” under Ahmady led to loss of dollars

bank-of-afghanistan
Da Afghanistan Bank

Senior international officials allege the mismanagement of Afghanistan’s central bank before the Taliban takeover has worsened the country’s economic crisis, Reuters has reported.

Officials wrote a two-page report to brief the World Bank, International Monetary Fund and other organisations, Reuters said on September 29. The report said that “FX [foreign exchange] reserves in CB’s [central bank] vaults in Kabul have depleted”, meaning “the CB cannot meet… cash requests”.

The report continued:

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account