US: Taliban will have no access to Afghan central bank reserves

Deputy United States Treasury Secretary Wally Adeyemo said he sees no situation where the Taliban, who recaptured power in Afghanistan in August, would be allowed access to Afghan central bank reserves, which are largely held in the United States.

We believe that it’s essential that we maintain our warrants against the Taliban but at the same time find ways for licit philanthropic backing to get to the Afghan people. That’s exactly what we ’re doing,” Adeyemo told the Senate Banking Committee on Tuesday.
The Taliban have called for the US to lift a block on further than$ 9bn of Afghan central bank reserves held outside the country as the government struggles to contain a heightening profitable extremity.

The Taliban took back power in Afghanistan in August after the United States pulled out its colors, nearly 20 times after the fortified group was deposed by US- led forces following the September 11, 2001, attacks on the US.

The US and other Western countries have been scuffling with delicate choices as a severe philanthropic extremity impended large in Afghanistan. They’ve been trying to work out how to engage with the Taliban without granting them the legality they seek, while icing philanthropic aid flows into the country.

“ Our thing is to make sure that we’re enforcing our warrants governance against the Taliban and the Haqqani network, but at the same time allowing for the admissible inflow of philanthropic backing into the country,” Adeyemo said.
The Haqqani network is a group combined with the Taliban grounded near the border with Pakistan and criticized for some of the worst self-murder attacks of the war.

Adeyemo said the Department of the Treasury was taking every step it could within its warrants governance to make clear to philanthropic groups that Washington wants to grease the inflow of aid to the Afghan people, but advised that for philanthropic backing to inflow, the Taliban have to allow it to be within the country.
The Treasury last month further paved the way for aid to inflow to Afghanistan despite US warrants on the Taliban when it issued two general licences.

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