The U.S. government has frozen the assets of the government of Afghanistan managed by the Federal Reserve System and other financial organizations of the U.S. to prevent the Taliban from using $9.4 billion as the Washington Post reported.
“Any Central Bank assets the Afghan government have in the United States will not be made available to the Taliban,” the source from the White House administration stated.
The officials spoke on the condition of anonymity to discuss government policy not yet made public.
According to the experts, the shutdown of the access to the reserves basing in the U.S. is one of the first steps expected from Biden administration that faced the issue of the further economic fate of Afghanistan after seizure by the Taliban.
It is noted that Afghanistan is already one of the poorest world countries and it highly depends on the American aid that is at threat.
“The Biden administration is also likely to face hard choices over how to manage existing sanctions on the Taliban, which may make it difficult to deliver international humanitarian assistance to a population facing ruin,” experts say.
On August 15, the Taliban militants seized Kabul, the capital of Afghanistan. Afghan President Ashraf Ghani said that he had left the country to avoid bloodshed as the Taliban entered the capital Kabul.