Experts say that the blocking of the foreign exchange reserves of the Afghan people by the US has negative effects on the living conditions of the country's citizens with each passing day, because it reduces commercial transactions and restricts currency exchange through the country's banks.
Publish dateSaturday 24 December 2022 - 15:13
Story Code : 262806
Afghan Voice Agency (AVA) - Kabul: In a report to the Security Council of the United Nations, the Deputy Secretary General of the United Nations for Humanitarian Affairs has expressed his concern about the blocking of Afghan assets.
Martin Griffiths, the United Nations Under-Secretary-General for Humanitarian Affairs, said in a report to the Security Council of this organization: The problems of banks that carry out their financial and monetary processes inside and outside of Afghanistan will remain for some time.
He added: A humanitarian exemption for bank transactions should be considered to fully resume international transactions to Afghanistan and vice versa, although there are fewer problems with cash transfers, but this situation remains a significant problem.
Meanwhile, Lal Zazai, an expert on economic affairs, said in an interview with Ava: The blocking of the foreign exchange reserves of the Afghan people by the United States has negative effects on the living conditions of the country's citizens with each passing day, because it reduces commercial transactions and restricts currency exchange.
Mr. Zazai added that the blocking of the country's foreign exchange reserves by the United States is a big betrayal to the people of Afghanistan, because it has affected the citizens of the country and has not had the least impact on the political system and government officials.
He emphasized: One of the negative effects of the stagnation of the country's financial reserves is the lack of dollars in the domestic markets, which has led to a decrease in the value of the Afghani against foreign currencies, and also caused severe inflation, an increase in the price of food and other basic goods. There are more problems for importing goods from other countries.
Also, Abdul Jamil Shirani, an expert on political affairs, said in an interview with Ava that the blocking of the country's foreign exchange reserves by the US has caused the price of all goods to rise, especially essential goods, hence the pressure on the citizens has increased.
According to this informant of political affairs, the impoundment of the country's assets has caused the amount of trade to decrease due to the lack of money transfer by banks and has a negative impact on the country's trade and transit.
Shirani emphasized that the blocking of the country's foreign exchange reserves by the US banking restrictions has created challenges and problems for Afghanistan's trade with the world.
He said: Most of the businessmen and citizens have to use exchange offices to transfer their money from Afghanistan to other countries of the world, but the high commission of the exchange offices has caused the prices to increase in the market.
It should be mentioned that following the criticism of the permanent representative of Russia to the United Nations that Afghanistan's assets were blocked by the West, Saeed Irwani, the ambassador and permanent representative of Iran to the United Nations, also said that despite the efforts of the United Nations, the current situation in Afghanistan is challenging.
According to him, if the revival of Afghanistan's economy becomes conditional or political, the people of Afghanistan will suffer, and in the meantime, the humanitarian crisis in Afghanistan should not be forgotten because of other crises and conflicts.
These statements are made while America, after the fall of the republic, in its first action, blocked the money of Afghanistan in the banks of this country and other institutions and international banks.
According to the statistics of the Central Bank of Afghanistan, out of 9 billion and 694 million dollars in foreign exchange reserves, which include cash, gold, securities and loans, 7 billion dollars are in the Federal Bank of America in New York and the rest in other banks and financial institutions in the world such as Held by Swiss banks.
Martin Griffiths, the United Nations Under-Secretary-General for Humanitarian Affairs, said in a report to the Security Council of this organization: The problems of banks that carry out their financial and monetary processes inside and outside of Afghanistan will remain for some time.
He added: A humanitarian exemption for bank transactions should be considered to fully resume international transactions to Afghanistan and vice versa, although there are fewer problems with cash transfers, but this situation remains a significant problem.
Meanwhile, Lal Zazai, an expert on economic affairs, said in an interview with Ava: The blocking of the foreign exchange reserves of the Afghan people by the United States has negative effects on the living conditions of the country's citizens with each passing day, because it reduces commercial transactions and restricts currency exchange.
Mr. Zazai added that the blocking of the country's foreign exchange reserves by the United States is a big betrayal to the people of Afghanistan, because it has affected the citizens of the country and has not had the least impact on the political system and government officials.
He emphasized: One of the negative effects of the stagnation of the country's financial reserves is the lack of dollars in the domestic markets, which has led to a decrease in the value of the Afghani against foreign currencies, and also caused severe inflation, an increase in the price of food and other basic goods. There are more problems for importing goods from other countries.
Also, Abdul Jamil Shirani, an expert on political affairs, said in an interview with Ava that the blocking of the country's foreign exchange reserves by the US has caused the price of all goods to rise, especially essential goods, hence the pressure on the citizens has increased.
According to this informant of political affairs, the impoundment of the country's assets has caused the amount of trade to decrease due to the lack of money transfer by banks and has a negative impact on the country's trade and transit.
Shirani emphasized that the blocking of the country's foreign exchange reserves by the US banking restrictions has created challenges and problems for Afghanistan's trade with the world.
He said: Most of the businessmen and citizens have to use exchange offices to transfer their money from Afghanistan to other countries of the world, but the high commission of the exchange offices has caused the prices to increase in the market.
It should be mentioned that following the criticism of the permanent representative of Russia to the United Nations that Afghanistan's assets were blocked by the West, Saeed Irwani, the ambassador and permanent representative of Iran to the United Nations, also said that despite the efforts of the United Nations, the current situation in Afghanistan is challenging.
According to him, if the revival of Afghanistan's economy becomes conditional or political, the people of Afghanistan will suffer, and in the meantime, the humanitarian crisis in Afghanistan should not be forgotten because of other crises and conflicts.
These statements are made while America, after the fall of the republic, in its first action, blocked the money of Afghanistan in the banks of this country and other institutions and international banks.
According to the statistics of the Central Bank of Afghanistan, out of 9 billion and 694 million dollars in foreign exchange reserves, which include cash, gold, securities and loans, 7 billion dollars are in the Federal Bank of America in New York and the rest in other banks and financial institutions in the world such as Held by Swiss banks.
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