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2021-08-29 Afghanistan
Hundreds of people protest against closure of banks in Kabul
[KhaamaPress] Hundreds of men and women erupted into the streets of Kabul on Saturday, August 28, to protest against the closure of the central bank, private banks, and money-changing markets across the country.

They asked for their money as they have been facing severe problems due to lack of money.

People have also gathered at the gates of private banks and semi-private-Kabul Bank- but they were not given their own money.
"Mo took a vow of poverty, and so will you"
Islamic Emirate of Afghanistan on Thursday directed all banks to reopen and resume functions as normal from Saturday, August 28, onward.

Despite the direction and assurance of security by the Taliban
...Arabic for students...
to private banks, the banks’ employees do not dare to come to jobs and resume functions as normal.

The banks’ owners say that they cannot resume operation until the central bank of Afghanistan —De Afghanistan Bank- opens.

On the other hand, money-changing markets and money changers who have been playing a vital role when it comes to financial deals ascribed their operations and resumption to the resumption of the central bank.

Banks have been closed now for nearly two weeks which has left millions of people out of money.

Employers are not able to pay their staff and the employees who have money in their accounts are not able to withdraw to support their lives.
Al Ahram adds:
In Kabul itself, hundreds of protesters, including many civil servants, gathered outside a bank while countless more lined up at cash machines. The protesters said had not been paid for the past three to six months and were unable to withdraw cash. ATM machines are still operating, but withdrawals are limited to around $200 every 24 hours.

The economic crisis, which predates the Taliban takeover earlier this month, could give Western nations leverage as they urge Afghanistan's new rulers to form a moderate, inclusive government and allow people to leave after Aug. 31.

Afghanistan is heavily dependent on international aid, which covered around 75% of the toppled Western-backed government's budget. The Taliban have said they want good relations with the international community and have promised a more moderate form of Islamic rule than when they last governed the country, but many Afghans are deeply skeptical.

The Taliban cannot access almost any of the central bank's $9 billion in reserves, most of which is held by the New York Federal Reserve. The International Monetary Fund has also suspended the transfer of some $450 million. Without a regular supply of U.S. dollars, the local currency is at risk of collapse, which could send the price of basic goods soaring.

A U.N. agency meanwhile warned that a worsening drought threatens the livelihoods of more than 7 million people. The Rome-based Food and Agriculture Organization said Afghans are also suffering from the coronavirus (aka COVID19 or Chinese Plague)
...the twenty first century equivalent of bubonic plague, only instead of killing off a third of the population of Europe it kills 3.4 percent of those who notice they have it. It seems to be fond of the elderly, especially Iranian politicians and holy men...
pandemic and displacement from the recent fighting.

Earlier this month, the U.N. World Food Program estimated that some 14 million people _ roughly one out of every three Afghans _ urgently need food assistance.

The FAO said that crucial help is needed ahead of the winter wheat planting season, which begins in a month in many areas. So far, funding would cover assistance to only 110,000 families of farmers, while some 1.5 million need help, the agency said, adding that the current harvest is expected to be 20% below last year's.

The U.S. and its allies have said they will continue providing humanitarian aid through the U.N. and other partners, but any broader engagement _ including development assistance _ is likely to hinge on whether the Taliban deliver on their promises of more moderate rule.

But even as the group's top leadership has struck a more moderate tone, there have been reports of human rights
One man's rights are another man's existential threat.
abuses in areas under Taliban control. It's unclear whether fighters are acting under orders or on their own.

Taliban fighters beat up a cameraman for the private broadcaster Tolo TV earlier this week in Kabul. Saad Mohseni, the CEO of the group that owns the channel, said the Taliban have been in touch with the station's management about the incident. He said the fighter has been identified, but it's unclear if he has faced any disciplinary action. There was no comment from the Taliban.
Posted by trailing wife 2021-08-29 00:00|| || Front Page|| [5 views ]  Top
 File under: Taliban/IEA 

#1 

I guess they FOOLISHLY expected the Taliban would allow them to keep their money and not Steal it from them.

Posted by NN2N1 2021-08-29 06:18||   2021-08-29 06:18|| Front Page Top

#2 As in Vietnam all bank monies taken. History repeats itself again. Private ownership of property no longer. What was yours is now ours. AOC doctrine.
Posted by Dale 2021-08-29 08:34||   2021-08-29 08:34|| Front Page Top

#3 Med professionals are fleeing. Media will be arrested. Borders will be closed . Back to 700 A.D. they all go.
Posted by Besoeker 2021-08-29 08:39||   2021-08-29 08:39|| Front Page Top

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