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IMF blocks $440 million fund transfer to Afghanistan as Taliban seizes power
short by Apaar Sharma / on Thursday, 19 August, 2021
The International Monetary Fund has suspended Afghanistan's access to IMF resources, including around $440 million in emergency currency reserves called Special Drawing Rights or SDRs, due to a "lack of clarity" over the country's government after the Taliban seized power. The decision came as the Fund was scheduled to disburse SDRs to Afghanistan on Monday.
read more at Reuters