A member of the Afghanistan Trust Fund, Shah Mohammad Mehrabi, said that the Polish Security Printing Works (PWPW) is due to deliver new Afghani banknotes to Afghanistan within one month.
“DA Afghanistan Bank signed one contract with PWPW, a Polish printing company, for 380 million banknotes of various denominations with a face value of 10 billion Afghanis,” Mehrabi told TOLOnews. “PWPW should deliver these notes in a month, possibly earlier. These banknotes should inject adequate liquidity into the market.”
According to Mehrabi, these banknotes have already been printed.
This comes as a spokesman for the US Department of State, Ned Price, said at a press conference that the US and its partners have been working hard with the international banks to facilitate a payment transfer from Afghanistan’s Central Bank to European printing companies where new banknotes will be produced.
“This is about the welfare and the well-being of the Afghan people. They have suffered from the deterioration of these banknotes,” Price said.
Mehrabi said another contract 390 million banknotes of various denominations with a face value of 10 billion Afghanis was signed with the French company.
“There are other banknotes coming from a French company and the delivery dates will be determined later,” Mehrabisaid.
Economists said that the transfer of banknotes to Afghanistan is vitally needed.
“The sanctions, which are imposed for any reason and through any method, and which affect the economy and deterioration of banknotes, should be stopped,” said Mohammad Asif Nang, an economist.
Since the Islamic Emirate came to power, this is the first time that new Afghani banknotes are due to enter Afghanistan.
Comment this post