SouthAsiaSource
Sep 13, 2021
Afghanistan’s economy is in free fall mode
By
Farshid Hakimyar
On August 18, Ajmal Ahmadi, the former governor of Afghanistan’s Central Bank, tweeted about the bank’s balance sheet, citing that all DAB assets are safeguarded in the US Federal Reserve, the World Bank, and the Bank of International Settlements in the form of US Treasury bills, bonds, gold and cash–a total of $9.6 billion that, just one day before the collapse, the US government had frozen and banned from all financial transactions.
