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[LISTEN] Ali Latifi: “International Monetary Fund, World Bank & US Federal Reserve to Blame for Cash Crunch in Afghanistan”

Sep 14, 2021

Photograph:( AFP )

Faizel Patel – 14/09/2021

Renowned Kabul based journalist Ali Latifi says the Afghanistan cash crisis is a result of the International Monetary Fund, the World Bank and the US Federal Reserve cutting off the country’s funding immediately after the Taliban’s takeover.

Latifi was speaking to Radio Islam about the “cash crunch” as it has been termed.

The crisis seems to be deepening day by day with Kabul’s flea markets buzzing with desperate Afghans, who are being forced to sell their belongings at low prices to pay for food.

Latifi says the US signed an agreement with the Taliban while monitoring the situation before the Kabul takeover.

“They knew that a lot of this is going to happen. The anger amongst people is that the Taliban have not suffered at all financially. To be honest no one really knows if they were paying their foot soldiers at all and the higher ups are either in Doha or sitting in the houses of very rich famous people in Kabul and Kandahar.

The cash crunch and stopping of funding to Afghanistan is having a huge impact on the Afghans.

“This actual impact of cutting off of funds is on the people. I lover above two banks and every morning there’s a hundred, two hundred people lined-up just waiting to get inside.”

Latifi says while the Taliban’s spokesperson has indicated that there may be funding from China or Russia, nothing has yet been agreed upon.

(Twitter: @FaizelPatel143)

 

Listen to the interview with Ali Latifi 

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