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Kabul Has Received 20 Cash-Aid Packages: Central Bank

At least 20 cash-packages of humanitarian aid of nearly $570 million have so far arrived in Afghanistan since the start of the process, Central Bank said on Wednesday. 

 A spokesman for the Central Bank, Sabir Momand, reported on the cash-aid to the Afghanistan International Bank (AIB).  

“These humanitarian assistances had a positive impact on stabilization of the Afghan currency,” said Sabir Momand, a spokesman for the Central Bank.   

Economists believe that the import of cash to Afghanistan can prevent the cash crisis in the Afghan market.  

“The cash aid of the World Bank to Afghanistan will help with stabilization and cause preservation of the Afghan currency against foreign currencies. It can also help circulation of money in the markets,” said Shakir Yaqobi, an economist.  

Some economists believe that the cash aid by the donors must be invested in economic projects.  

“If the money is invested in economic and agriculture projects in the current situation, it will be very effective,” said Ahmad Munib, an economist.  

As the current Afghan government lacks recognition, donors are providing the humanitarian assistance via the UN agencies. Analysts say that the fueling of aid through UN agencies has undermined the effectiveness of the humanitarian assistance process in the country.  

Kabul Has Received 20 Cash-Aid Packages: Central Bank

Economists believe that the import of cash to Afghanistan can prevent the cash crisis in the Afghan market.  

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At least 20 cash-packages of humanitarian aid of nearly $570 million have so far arrived in Afghanistan since the start of the process, Central Bank said on Wednesday. 

 A spokesman for the Central Bank, Sabir Momand, reported on the cash-aid to the Afghanistan International Bank (AIB).  

“These humanitarian assistances had a positive impact on stabilization of the Afghan currency,” said Sabir Momand, a spokesman for the Central Bank.   

Economists believe that the import of cash to Afghanistan can prevent the cash crisis in the Afghan market.  

“The cash aid of the World Bank to Afghanistan will help with stabilization and cause preservation of the Afghan currency against foreign currencies. It can also help circulation of money in the markets,” said Shakir Yaqobi, an economist.  

Some economists believe that the cash aid by the donors must be invested in economic projects.  

“If the money is invested in economic and agriculture projects in the current situation, it will be very effective,” said Ahmad Munib, an economist.  

As the current Afghan government lacks recognition, donors are providing the humanitarian assistance via the UN agencies. Analysts say that the fueling of aid through UN agencies has undermined the effectiveness of the humanitarian assistance process in the country.  

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