Taliban's Appointment of Sanctioned Official as Central Bank Governor
The Taliban has appointed a U.S. counter-terrorism sanctioned individual as the acting governor of Afghanistan's central bank, a move likely to impact the frozen $7 billion reserves in the U.S. The U.S. has set conditions for releasing the funds, including replacing senior Taliban members with experienced professionals.
Key Points
- Taliban appointed Noor Ahmad Agha, a U.S. counter-terrorism sanctioned individual, as the acting governor of Afghanistan's central bank
- The U.S. has frozen $7 billion of Afghanistan's reserves held in the U.S. after the Taliban takeover
- Replacing senior Taliban members with experienced professionals at the central bank is a condition set by the U.S. for releasing the frozen funds