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Economic cycle down by 90pc after regime change: ACCI

· 2 min read · 281 views

KABUL (Pajhwok): The Afghanistan Chamber of Commerce and Investment (ACCI) criticized freezing accounts of Afghanistan outside the country, saying the country’s economy would fail and a humanitarian disaster would occur if the situation not improved.

Taliban took control of Kabul on August 15. President Ashraf Ghani fled Kabul and the Islamic democratic republic collapsed.

Closure of banks and financial services as well as government institutes after the fall of Ashraf Ghani’s administration confronted many people with problems.

Da Afghanistan Bank (DAB) recently said that withdrawal of only $200 or 20,000 Afghanis once in a week from banks . . .

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