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/leftypol/ - Leftist Politically Incorrect

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File: 1639440350917.png (1.07 MB, 1000x667, afghanistan-GettyImages-12….png)

 No.644473

>The existing sanctions regime on Taliban leaders makes it hard for the world to help the Afghan people.
>The World Bank and many Western nations are under pressure to release funds that could avert famine in Afghanistan as a Himalayan winter closes in and the country’s former allies grapple with how to keep the population alive without enabling more Taliban atrocities.
>Afghanistan’s descent into destitution since the Taliban’s victory in August is fueling concerns of an armed uprising or even civil war, amid accusations that U.S. President Joe Biden’s administration is withholding food and money as punishment for the Western alliance’s humiliating defeat.
>Afghanistan’s aid-dependent economy—international donors previously accounted for 43 percent of its GDP and 75 percent of its public expenditures—has imploded in the four months since the Taliban took control. Now, the Afghanistan Analysts Network estimates around half of Afghanistan’s 40.2 million people are at “crisis or emergency levels of food security,” and more than half of the population will be in peril as winter progresses. The Taliban’s interim prime minister, Mohammad Hasan Akhund, recently called the looming famine a “test from God.”
>The World Bank holds $1.5 billion in trust for Afghanistan, with $1.2 billion earmarked for projects agreed to by the previous government. It will be months before complicated legal requirements needed to unlock the money are completed. The money is not likely to be released until the first fiscal quarter of 2022—and then only incrementally.
>There are some minor cash injections. The World Bank has $280 million in its Afghanistan Reconstruction Trust Fund (ARTF), which had not been committed before the Taliban victory in August. The World Bank is expected to transfer that fund on Friday to the World Food Program and UNICEF, which can use the money as they see fit.
>One immediate use will be to pay the salaries of Afghans working in the health sector for the next six months through a project called Sehatmandi, which was set up by donors that supported the former government to provide basic health care across the country. Other sectors, such as education, will be harder to tackle: Most teachers were government employees paid by the Ministry of Education, so the money has to pass through Taliban hands first. ARTF donors want to hear from the Taliban that girls will have equal access to schooling before they agree that funds can be released for education.
>U.S. and United Nations Security Council sanctions make it illegal for the United States, U.N. members, or businesses in those countries to deal directly with the Taliban. Few commercial banks will risk doing business with Taliban-controlled Afghanistan, so it is virtually impossible to send money into the country. The United Nations has flown in cash, but that’s expensive and unsustainable.
>Afghanistan’s central bank reserves, close to $10 billion—much of it held in the United States—have also been frozen since Aug. 15. The Taliban regard that money as a national asset and demand it be made available, but that is also illegal under the sanctions regime. Meanwhile, Afghans at home and abroad cannot access their personal bank accounts, leading to a severe cash crisis. As the Taliban have taken control of the country’s banking sector, private banks have collapsed and owners have left the country, fearing kidnappings or worse. The Afghan currency has lost about half its value since the Taliban takeover.
>This week, four prominent leaders of nongovernmental organizations called for a review of the U.S., U.N. Security Council, and European Union sanctions regime to relieve some of the suffering by making money available.
https://archive.md/h9YdE

 No.644489

>Afghanistan’s central bank reserves, close to $10 billion—much of it held in the United States—have also been frozen since Aug. 15. The Taliban regard that money as a national asset and demand it be made available,
This will happen right about the same time Venezuela gets it's gold back.

 No.663870


 No.663886

>>644489
A theocracy is more likely to get its assets back from the US than any remotely socialist governement.

 No.663887

>Afghanistan’s central bank reserves, close to $10 billion—much of it held in the United States
This is the actual "clown world".

 No.663900

So how does international banking work ?

What happens if another bank, lets say a Chinese one opens an new account for Afghanistan and then edits the value of the account to match the amount of money that is stuck in these other Banks. Lets also assume that they declare that this is now the real account for Afghanistan, and the accounts that are blocked are no longer the real ones.

Will Afghanistan's money be in 2 places at once ?
Will there be a struggle about whose account is correct ?

 No.663982

>>663900
If a bank decided to issue $10 billion worth of currency and give it to a government, I don't think there could be much of a dispute over them accepting the gift or not. They might not be able to use SWIFT to do it though, the US would probably block that. So they could use something other than dollars, but dollars are the international trade currency, so it might be hard to buy things from outside of China if they were given yuan, for example.

 No.665303

So that's it huh? Millions of Afghans are going to die anyway?

 No.666788


 No.666791

No mentions of lifting sanctions
No mentions of allow industries to grow organically
Only more aid after over 30 other countries saw how aid is used as a means of trying to control a populace

This is so obvius


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