Friday, March 24, 2023

Third batch, Afghanistan International Bank receives $19.2 million in cash

Immigration News

Najibullah Lalzoy
Najibullah Lalzoy
Najibullah Lalzoy is a journalist and editor at Khaama Press. He has a BA degree in journalism.

Afghanistan’s Central Bank (De Afghanistan Bank) on Sunday, December 12 said that the third batch of World Bank’s cash assistance to Afghanistan arrived in Kabul and was given to Afghanistan’s International Bank (AIB).

Central Bank in a statement said that the money is part of the World Bank’s humanitarian pledges to Afghanistan.

The cash was taken from Kabul International Airport to Afghanistan International Bank by the Taliban.

The cash is apparently best timing as the local currency (Afghani) is in its unprecedentedly lowest value- one dollar for 114 Afghani on Sunday.

It is believed that the fresh batch of dollars will help the value of local currency stabilize.

Common people are the real victims of the ongoing unpleasant economic situation in Afghanistan as the prices of everything in the country have been doubled.

As per the UN estimation, Afghanistan’s ongoing humanitarian situation is the world’s worst humanitarian disaster on earth and needs urgent global action to prevent the country’s collapse.

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