Biden's government is freezing billions of dollars in Afghanistan's reserves
"Most of these reserves are not currently in Afghanistan, and billions of dollars are in the United States, the exact amount of which is unknown," said a source.
The Washington Post quoted two people as saying on Wednesday that Biden's government had frozen Afghanistan's billions of dollars in US banks on Sunday. That the Taliban did not have access to.
According to the International Monetary Fund, Afghan Bank had 9.4 billion in reserves as of April.
Most of these reserves are not currently in Afghanistan, and billions of dollars of them are in the United States, the exact amount of which is unknown, a source said.
The decision to freeze Afghanistan's resources was reportedly made by the US Treasury Secretary and Asset Control Office officials - because the State Department was busy during the weekend and the White House was monitoring the latest developments.
"The assets of Da Afghanistan Bank will not be returned to the Taliban," a US government official told the Washington Post on condition of anonymity.
Ajmal Ahmadi, the acting governor of Afghanistan's central bank, wrote on Twitter on Monday that he had been informed on Friday that the transfer of dollars would be stopped as the United States tried to prevent the Taliban from gaining access to the money.
Da Afghanistan Bank has 9.5 billion in assets, most of which are held by New York Federal Reserve accounts and financial institutions.
US sanctions on the Taliban mean that the Taliban will not be able to access the money.
According to the Washington Post, the US Treasury Department declined to comment.
According to the International Monetary Fund, Afghan Bank had 9.4 billion in reserves as of April.
Most of these reserves are not currently in Afghanistan, and billions of dollars of them are in the United States, the exact amount of which is unknown, a source said.
The decision to freeze Afghanistan's resources was reportedly made by the US Treasury Secretary and Asset Control Office officials - because the State Department was busy during the weekend and the White House was monitoring the latest developments.
"The assets of Da Afghanistan Bank will not be returned to the Taliban," a US government official told the Washington Post on condition of anonymity.
Ajmal Ahmadi, the acting governor of Afghanistan's central bank, wrote on Twitter on Monday that he had been informed on Friday that the transfer of dollars would be stopped as the United States tried to prevent the Taliban from gaining access to the money.
Da Afghanistan Bank has 9.5 billion in assets, most of which are held by New York Federal Reserve accounts and financial institutions.
US sanctions on the Taliban mean that the Taliban will not be able to access the money.
According to the Washington Post, the US Treasury Department declined to comment.
