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Biden Administration Seeks to Block Taliban from Accessing Reserves from IMF: Report

Despite its swift takeover of the government in Afghanistan, the Taliban will not have access to most of the nation's cash and gold stocks. (AP)

Despite its swift takeover of the government in Afghanistan, the Taliban will not have access to most of the nation's cash and gold stocks. (AP)

Biden administration wants to block the Taliban from accessing more than $400 million in emergency reserves that the IMF is scheduled to release to Afghanistan.

  • Last Updated:August 19, 2021, 07:52 IST

The Biden administration wants to block the Taliban from accessing more than $400 million in emergency reserves that the International Monetary Fund is scheduled to release to Afghanistan next week, the New York Times reported on Wednesday, citing an unnamed U.S. Treasury Department official.

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first published:August 19, 2021, 07:52 IST