IMF NOT TO ALLOW FUNDS TO TALIBAN GOVERNMENT

  • 19/08/2021

The International Monetary Fund (IMF) has issued a statement saying that the new Taliban government in Afghanistan will not immediately be allowed loans and other resources from the 190-nation lending organisation.'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,' the IMF statement said.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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