New Taliban Govt in Af will not  be allowed to access loans: IMF

| | Washington
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New Taliban Govt in Af will not  be allowed to access loans: IMF

Friday, 20 August 2021 | AP | Washington

The International Monetary Fund says that the new Taliban Government in Afghanistan will not at the current time be allowed to access loans or other resources from the 190-nation lending organisation.

In a statement Wednesday, the IMF said it would be guided by the views of the international community.

The statement said, “There is currently a lack of clarity within the international community regarding recognition of a Government in Afghanistan, as a consequence of which the country cannot access SDRs or other IMF resources.”          

SDRs are special drawing rights which serve as a reserve that IMF member countries can tap into to meet payment obligations.

 

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