Categories: Afghanistan

$40m cash aid package reaches Kabul: DAB

KABUL (Khaama Press): Afghanistan’s central bank on Sunday announced that $40 million, as part of the UN’s cash aid package, had reached Kabul.
Afghanistan central bank also known as ‘Da Afghanistan Bank’ (DAB) on Sunday said on Twitter that as part of United Nations cash aid, a fresh $40 million has been transferred to Kabul.
According to the central bank, so far, 24 $40 million and more than 30 $32 million aid packages have been dispatched to Afghanistan. After the return of the Taliban to Power in August 2021, the international community’s cash aid packages reach a total of $1.873 billion.
The central bank has stated that the government appreciates the international community’s support in shipping cash into the country aimed at helping vulnerable families during these difficult times. The central bank is trying its best to strengthen the private banking sector of the country, it added.
Besides thanking the UN, the central bank wished that the cash shipment could be transferred through the banking system. Since the Taliban’s return to power, Afghanistan’s banking system including private and public has been paralyzed and has minimum access to global banking systems.
United Nations Assistance Mission in Afghanistan (UNAMA) had earlier clarified that cash packages shipped to Afghanistan are deposited in UN accounts in a private bank, and will be used by UN agencies solely for the purpose of humanitarian aid and other supportive programs. The money will not be handed over to the Islamic Emirate of Afghanistan, the announcement said.
The United Nations transports cash into Afghanistan for use by UN agencies. The UN uses the funds to conduct its work in Afghanistan, primarily in providing critical humanitarian assistance to millions of Afghans requiring support.
A central reason the UN brings cash into Afghanistan is due to the disruption to international banking transfers and liquidity issues since August 2021.

The Frontier Post

Recent Posts

Imad denies rift with Babar, wants to win World Cup

LAHORE (Monitoring Desk): Pakistan all-rounder Imad Wasim on Saturday, once again brushed aside the claims…

4 hours ago

Sultan Azlan Shah Cup: Pakistan seals thrilling 5-4 victory over Malaysia

ISLAMABAD (Monitoring Desk): In a gripping showdown at the Sultan Azlan Shah Cup, Pakistan secured…

4 hours ago

Arsenal power four points clear as Burnley sink towards relegation

LONDON (AFP): Arsenal defeated Bournemouth 3-0 to move four points clear at the top of…

4 hours ago

Pakistani youth win gold medals

KARACHI (Monitoring Desk): In a remarkable display of skill and determination, young athletes from Karachi…

4 hours ago

Govt has potential to raise revenues worth over Rs24tr annually

F.P. Report LAHORE: Prime Minister Muhammad Shehbaz Sharif on Saturday said that the country had…

5 hours ago

Kundi takes oath as new KP Governor

F.P. Report PESHAWAR: Newly appointed Khyber Pakhtunkhwa Governor, Faisal Karim Kundi here Saturday night took…

5 hours ago

This website uses cookies.