Afghanistan Turmoil: Taliban name acting head of central bank amid economic uncertainty

FRANCE 24 English published this video item, entitled “Afghanistan Turmoil: Taliban name acting head of central bank amid economic uncertainty” – below is their description.

The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, a statement said on Monday (August 23). Haji Mohammad Idris was named as acting governor of the bank to help bring order to a war-crippled economy, which has been adrift for more than a week with banks closed and many government offices empty.

Alex Zerden, Former US Treasury Department Financial Attaché to Afghanistan, was previously stationed in Kabul. “I am gravely concerned that they (the Taliban) are expanding their sources of revenue: they control customs entry points, they control taxation through wider swaths of the country, and now they have more free rein to take control of the drug trade in Afghanistan, and it’s a very very robust export market,” he said. And so the challenge that US policymakers will be encountering and “rapidly grappling with,” as Mr. Zerden explains, will be “how to get aid and humanitarian assistance to the Afghan people, while insuring that the Taliban does not access the US financial system or the international financial system.”

FRANCE 24 English YouTube Channel

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About This Source - FRANCE 24 English

The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.

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In This Story: Afghanistan

Afghanistan, officially the Islamic Republic of Afghanistan, is a landlocked country at the crossroads of Central and South Asia. Afghanistan is bordered by Pakistan to the east and south; Iran to the west; Turkmenistan, Uzbekistan, and Tajikistan to the north; and China to the northeast.

Occupying 652,000 square kilometers (252,000 sq mi), it is a mountainous country with plains in the north and southwest. Kabul is the capital and largest city. The population is around 32 million, composed mostly of ethnic Pashtuns, Tajiks, Hazaras, and Uzbeks.

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In This Story: Taliban

The Taliban or Taleban, who refer to themselves as the Islamic Emirate of Afghanistan, is a Deobandi Islamist movement and military organization in Afghanistan, currently waging war within the country. Since 2016, the Taliban’s leader has been Mawlawi Hibatullah Akhundzada.

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