Afghanistan receives another batch of 40 mln USD cash aid-Xinhua

Afghanistan receives another batch of 40 mln USD cash aid

Source: Xinhua

Editor: huaxia

2022-11-01 19:50:31

KABUL, Nov. 1 (Xinhua) -- Afghanistan on Tuesday received another batch of 40 million U.S. dollars cash aid aimed at bolstering the country's impoverished economy, said a statement from the Da Afghanistan Bank (DAB), the country's central bank.

"The Da Afghanistan Bank receives a batch of 40 million U.S. dollars in cash today and was deposited to a commercial bank," the statement said.

In the statement, DAB also called for money transfer via banking system, noting that Afghanistan's central bank wants to have financial transactions with all the banks and monetary entities across the globe.

Injection of cash as humanitarian assistance by the international community to DAB over the past year reportedly has helped the war-torn country increase its foreign exchange reserves to prevent economic collapse.

Since the Taliban's takeover of Afghanistan and the pullout of the U.S.-led foreign forces in August last year, the banking system in the country has been disrupted.