KABUL (Pajhwok): No decision has been taken yet on the disbursement of Da Afghanistan Bank (DAB) assets, says an official.
Shah Mehrabi, an ex-member of the DAB’s Supreme Council, said $8.5 million had accrued in interest from the $3.5 billion Afghan reserves.
The profit accrued before the Biden administration transferred the seized funds to the Swiss-based Bank for International Settlements.
A private broadcaster quoted Mehrabi, also a member of the trust fund, as saying that a decision regarding disbursement of the assets was yet to be made.
“Since November 2022, when the reserves were transferred to BIS, $8.5 million in interest has been earned,” Mehrabi told TOLOnews.
Independent economist Sayyar Qureshi suggested: “They (BIS) should provide quarterly reports about the interest on Afghanistan’s assets.”
Abdul Latif Nazari, deputy minister of economy, commented: “The Afghan assets and the interest earned from $3.5 billion should be given to the Islamic Emirate.”
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