The Islamic Emirate’s spokesman, Zabihullah Mujahid, in reaction to the US Special Inspector General for Afghanistan Reconstruction’s report, said that enough Afghani currency exists in the Central Bank.
SIGAR in its recent report said that it found that UN entities and UN-partnered PIOs and NGOs receiving cash via UN’s cash shipments use either US dollars or afghanis to fund operations.
“When these groups require afghanis, they solicit bids from private banks to convert shipped US currency,” it said. “However, SIGAR found many private banks don’t maintain enough afghanis to exchange for large amounts of U.S. dollars.”
Mujahid argued that the Central Bank or “Da Afghanistan Bank” is operating based on national interest.
“The banking services are based on the national interest of the people of Afghanistan. The monetary policy also caused the value of the Afghani currency to remain stable,” he said.
Economists meanwhile stressed that international assistance should be invested in areas where job opportunities are created for citizens.
“The good news is that the government should pay attention to the areas to provide work opportunities for the citizens,” said Mohammad Nabi Afghan, an economist.
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