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Pak PM's Attempt For Afghan Fund Faces Backlashes Over Fears Of Sanctions
The Imran Khan government's recent bid to raise funds for the new rulers in Kabul has been shot down by the State Bank of Pakistan amid fears that financing of the Taliban regime could invite international sanctions, according to a media report.
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Afghan Central Bank Drained Dollar Stockpile Before Kabul Fell To Taliban: Report
The Afghan central bank ran down most of its US dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.
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Over $12 Million Seized From Ex-Officials As Cash Crunch Hits Afghanistan
Afghanistan's central bank said Wednesday that the Taliban had seized more than $12 million in cash and gold from the homes of former government officials, as it called for all transactions to be made in local currency.
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With Kabul Airport Closed, Fearful Afghans Scramble For Border
Crowds seeking to flee Afghanistan gathered on its borders while long queues formed at banks on Wednesday, as an administrative vacuum after the Taliban's takeover left foreign donors unsure how to respond to a looming humanitarian crisis.
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World Bank's Kabul-Based Staff Evacuated To Pakistan: Report
The World Bank Group's Kabul-based staff and their immediate families have been safely evacuated to Islamabad, according to an internal staff memo issued on Friday and seen by Reuters.
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Chief Of Afghan Central Bank Flees Kabul, Blames Ashraf Ghani For Chaos
The head of Afghanistan's central bank has fled Kabul, questioned the loyalty of Afghan security forces and blamed President Ashraf Ghani and his inexperienced advisors for the country's swift and chaotic fall to the Taliban.
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Suicide Bomber Kills 5 In Kabul Bank Attack
A suicide bomber blew himself up outside a bank in the Afghan capital Kabul Tuesday, days ahead of the Eid holiday, killing five people and injuring several others in an attack claimed by the Taliban.
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Slow Road From Kabul Highlights China's Challenge in Afghanistan
A new road linking the Afghan capital with a trade hub near Pakistan has been stuck in the slow lane since a state-owned Chinese company took the contract to build it two years ago, bedevilled by militant attacks and accusations of mismanagement.
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The Walls Have Eyes: Kabul's Anti-Corruption Graffiti
Under a soldier's watchful gaze, a group of artists paint a blast wall outside Kabul's presidential palace with a huge pair of eyes in bright, almost psychedelic colours.
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Afghanistan Targets US Defence Contractors in Row Over Back Taxes
Afghanistan is threatening to crack down on US defence contractors it says owe hundreds of millions of dollars in back taxes, including by freezing their bank accounts and refusing to renew yearly business licences when they expire.
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Afghans Enjoy Life as Fighting Draws Near in Mazar-i-Sharif
It is late afternoon and slivers of sunlight stream in through an exhaust fan, cutting through multicoloured strobe lights and shisha smoke in a basement karaoke club, one of more than a dozen in the northern Afghan city of Mazar-i-Sharif.
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Afghan President's Message to US Troops: 'Thank You'
Afghan President Ashraf Ghani today expressed deep gratitude to US troops for their sacrifices in a visit that Washington hopes will mark a new chapter in relations with Kabul after years of friction.
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Attacks in southern Afghanistan kill at least 18
A suicide bomber detonated his explosives near a police checkpoint and a bank in southern Afghanistan on Saturday, one of two attacks in the heartland of the insurgency that killed 18 people over 24 hours.
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Two Kabul Bank executives sentenced to prison for multi-million-dollar fraud
An Afghan court on Tuesday sentenced two senior Kabul Bank executives to five years in jail for a staggering multi-million-dollar fraud that caused the country's largest bank to collapse in 2010.
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Kidnap gangs use leaked bank details to prey on Afghan tycoons
Afghan construction magnate Haji Asadullah Ghaznawi was dragged from his office with a gun to his head and locked up in a slaughterhouse for almost three weeks.
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Pak PM's Attempt For Afghan Fund Faces Backlashes Over Fears Of Sanctions
The Imran Khan government's recent bid to raise funds for the new rulers in Kabul has been shot down by the State Bank of Pakistan amid fears that financing of the Taliban regime could invite international sanctions, according to a media report.
-
Afghan Central Bank Drained Dollar Stockpile Before Kabul Fell To Taliban: Report
The Afghan central bank ran down most of its US dollar cash reserves in the weeks before the Taliban took control of the country, according to an assessment prepared for Afghanistan's international donors, exacerbating the current economic crisis.
-
Over $12 Million Seized From Ex-Officials As Cash Crunch Hits Afghanistan
Afghanistan's central bank said Wednesday that the Taliban had seized more than $12 million in cash and gold from the homes of former government officials, as it called for all transactions to be made in local currency.
-
With Kabul Airport Closed, Fearful Afghans Scramble For Border
Crowds seeking to flee Afghanistan gathered on its borders while long queues formed at banks on Wednesday, as an administrative vacuum after the Taliban's takeover left foreign donors unsure how to respond to a looming humanitarian crisis.
-
World Bank's Kabul-Based Staff Evacuated To Pakistan: Report
The World Bank Group's Kabul-based staff and their immediate families have been safely evacuated to Islamabad, according to an internal staff memo issued on Friday and seen by Reuters.
-
Chief Of Afghan Central Bank Flees Kabul, Blames Ashraf Ghani For Chaos
The head of Afghanistan's central bank has fled Kabul, questioned the loyalty of Afghan security forces and blamed President Ashraf Ghani and his inexperienced advisors for the country's swift and chaotic fall to the Taliban.
-
Suicide Bomber Kills 5 In Kabul Bank Attack
A suicide bomber blew himself up outside a bank in the Afghan capital Kabul Tuesday, days ahead of the Eid holiday, killing five people and injuring several others in an attack claimed by the Taliban.
-
Slow Road From Kabul Highlights China's Challenge in Afghanistan
A new road linking the Afghan capital with a trade hub near Pakistan has been stuck in the slow lane since a state-owned Chinese company took the contract to build it two years ago, bedevilled by militant attacks and accusations of mismanagement.
-
The Walls Have Eyes: Kabul's Anti-Corruption Graffiti
Under a soldier's watchful gaze, a group of artists paint a blast wall outside Kabul's presidential palace with a huge pair of eyes in bright, almost psychedelic colours.
-
Afghanistan Targets US Defence Contractors in Row Over Back Taxes
Afghanistan is threatening to crack down on US defence contractors it says owe hundreds of millions of dollars in back taxes, including by freezing their bank accounts and refusing to renew yearly business licences when they expire.
-
Afghans Enjoy Life as Fighting Draws Near in Mazar-i-Sharif
It is late afternoon and slivers of sunlight stream in through an exhaust fan, cutting through multicoloured strobe lights and shisha smoke in a basement karaoke club, one of more than a dozen in the northern Afghan city of Mazar-i-Sharif.
-
Afghan President's Message to US Troops: 'Thank You'
Afghan President Ashraf Ghani today expressed deep gratitude to US troops for their sacrifices in a visit that Washington hopes will mark a new chapter in relations with Kabul after years of friction.
-
Attacks in southern Afghanistan kill at least 18
A suicide bomber detonated his explosives near a police checkpoint and a bank in southern Afghanistan on Saturday, one of two attacks in the heartland of the insurgency that killed 18 people over 24 hours.
-
Two Kabul Bank executives sentenced to prison for multi-million-dollar fraud
An Afghan court on Tuesday sentenced two senior Kabul Bank executives to five years in jail for a staggering multi-million-dollar fraud that caused the country's largest bank to collapse in 2010.
-
Kidnap gangs use leaked bank details to prey on Afghan tycoons
Afghan construction magnate Haji Asadullah Ghaznawi was dragged from his office with a gun to his head and locked up in a slaughterhouse for almost three weeks.
