The US$2.44bn pledged by donors fell short of the U$4.4bn UN appeal. Some report even lower figures. This is disappointing. But more can be achieved with less funds under the right aid architecture and aid effectiveness guidelines. Let me outline a few;
One last thread on the #DAB assets and then I’ll shut up.
Discussions on unfreezing DAB assets is a distraction from the real economic problems facing the country. While a limited release of the reserves helps the banking sector and households in addressing liquidity and the economy with easing US$ liquidity issues in the short run, and
Mar 14, 2022 • 8 tweets • 2 min read
The AFTF letter demanding the release of Afghan assets claiming “independence of central bank”, “run by qualified and capable leaders”, if authentic is dishonest and ill-informed at the least and possibly politically motivated and certainly not based on expert advice and facts.
Reasons - 1- The central bank was gutted of almost almost all its capacity over the last two years with almost every single cadre in middle management person. Whoever was spared either left or was replaced by the new regime;