Get access to our best features

U.S. to move $3.5 bln in Afghan central bank assets to Swiss-based trust

Summary by Ground News
The Taliban-run Afghan government has sought the return of billions of dollars in assets held in U.S. banks. The funds could go toward items such as electricity imports, debt payments to international financial institutions and ensuring Afghanistan remains eligible for development aid. A board of trustees will manage the Afghan Fund.
3 months ago·Washington, United States

News Articles

More Filters
All
Left
Center
Right

U.S. to move $3.5 bln in Afghan central bank assets to Swiss-based trust | ReutersVideoGalleryOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new tabOpen in new

The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank assets into a new Swiss-based trust fund that will be shielded from the Taliban and used to help stabilize Afghanistan's collapsed economy.

3 months ago·United Kingdom
Read Full Article

U.S. to move $3.5 billion in Afghan central bank assets to Swiss-based trust

The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank assets into a new Swiss-based trust fund that will be shielded from the Taliban and used to help stabilize Afghanistan's collapsed economy.

3 months ago·Malaysia
Read Full Article

U.S. Establishes Trust With $3.5 Billion in Frozen Afghan Central Bank Funds

The Afghan Fund, which will be based in Switzerland, is meant to help stabilize Afghanistan’s economy and pay for imports like electricity — without benefiting the Taliban.

3 months ago·New York, United States
Read Full Article

U.S. To Move $3.5 Billion In Afghan Central Bank Assets To Swiss-based Trust

The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank assets into a new Swiss-based trust fund that will be shielded from the Taliban and used to help stabilize Afghanistan's collapsed economy.

3 months ago·United States
Read Full Article

U.S. to redirect Afghanistan’s frozen assets after Taliban rejects deal

The Treasury Department said an oversight body will deploy $3.5 billion of Afghanistan’s central bank reserves to help stabilize the country’s ravaged economy.

3 months ago·Washington, United States
Read Full Article

US seeks to redirect Afghanistan assets, avoid Taliban | The HillOpen NavigationClose NavigationSearchFacebookTwitterFacebookTwitterTwitterFacebookLinkedInWhatsappEmailFacebookTwitterTwitterFacebookLinkedInWhatsappEmail Visit our Facebook page

The Treasury Department on Wednesday announced a plan to direct $3.5 billion to a Switzerland bank that will provide economic assistance to Afghanistan while keeping the funds out of Taliban hands.…

3 months ago·Washington, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

35% of the sources lean Left, 35% of the sources are Center
The Intercept
New York Times
The Washington Post
Dawn
Rappler
The Wire
Reuters
IBTimes
The Hill
WION
VOA News
Al Jazeera
+1
Business Live
Geo News
UnionLeader.com
The Star Kuala Lumpur
PressTV
L 35%
C 36%
R 29%
See less detail