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Progress Seen In Possible Deal To Release Central Bank Funds

July 26 2022


Afghan and U.S. officials have exchanged proposals to release billions of dollars in Afghan central bank reserves held abroad to a trust fund in an effort to relieve an ongoing economic crisis, reports Reuters.

Such a move could restore trust in the central bank by establishing a wall between the funds and the de facto Afghan government led by the Taliban. 

U.S. negotiators indicated that the trust fund could resemble the World Bank-administered Afghan Reconstruction Trust Fund...

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