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AFGHANISTAN-BUSINESSMEN/PRESSER

Local News Afghanistan, KABUL,AFGHANISTAN

News ID : 88649 Video Version : 1 Script Version : 1

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Headline

Afghan businessmen demand release of frozen reserves.

Intro

Afghanistan chamber of Industries and Mines officials call for immediate release of Afghan central bank reserves frozen outside the country by the US as the country grapples with a worsening economic crisis.

Story

STORY: Afghanistan chamber of Industries and Mines officials on Thursday (December 23) called for immediate release of Afghan central bank reserves frozen outside the country by the US as the country grappled with a worsening economic crisis.

The US government has blocked $9.4 billion of the Afghan Central Bank’s reserves, and many donors and organizations, including the World Bank and the International Monetary Fund, have halted payments since the Taliban swept to power on Aug. 15.

Holding a news conference in Kabul, the president of the Afghan Chambers of Industries, Shirbaz Kaminzada said that over million dollars in the frozen amount were from the Afghanistan’s public sector.

“As we all know that the International Monitory Fund have frozen the money of Afghanistan as this includes 2.3 million dollars from the Afghanistan public sector. We demanded this from the officials of the Islamic state, officials of the finance and the banks officials and held meetings with them time to time. They told us ‘if your money were with us we would have definitely given it to you’,”he told reporters.  

He said there were 5000 industries in Afghanistan with around 5.5 million people working including 35000 women, adding that economic crisis in the country has negatively affected a large number of factories.

Sakhi Ahmad Payman, president of Kabul chambers of Industries said weak investment would have direct impacts on the people of Afghanistan.

“We are now in a deep financial crisis as industries, mines, traders and people of Afghanistan are facing difficult economic situation. If the investors weaken, it will directly affect people of Afghanistan,”he said.

Several countries, including China, Russia, Pakistan, and Qatar, have called on the US to allow Afghanistan to access its foreign reserves.

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