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Afghanistan central bank raises limit on bank withdrawals to $400 a week
Afghanistan’s central bank has eased restrictions on bank withdrawals, lifting the maximum to $400 from dollar-denominated accounts or 30,000 Afghanis a week from the previous limit of $200 or 20,000 Afghanis, the central bank said on Wednesday.
The change, which sets a monthly limit on withdrawals of $1,200 or 100,000 Afghani, came amid growing economic hardship that has left millions in Afghanistan without work and facing hunger.
Even those with savings have struggled to pay for food and household necessities because of the strict limits on withdrawals that were brought in to prevent a run on banks.
Afghanistan’s foreign exchange reserves have been restricted following the Islamic Emirate of Afghanistan (IEA) take over in August, severely limiting the new administration’s room for financial manoeuvre.
Some $9.5 billion in central bank reserves remain blocked outside the country and international support given to the previous government has dried up.
This week, the IEA banned the use of foreign currencies for transactions like buying a car or a house, saying all contracts must be denominated in the Afghani currency.
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Afghanistan and Kyrgyzstan boost trade and digital finance ties
Minister Sydykov, in turn, pledged the continuation of Kyrgyzstan’s humanitarian assistance to Afghanistan and highlighted his country’s interest in working together on e-governance initiatives.
Afghanistan’s Deputy Prime Minister for Administrative Affairs, Abdul Salam Hanafi, has met with a high-level Kyrgyz delegation led by Minister of Economy and Commerce Bakhyt Sydykov to discuss expanding bilateral trade and strengthening cooperation in digital financial services.
During the meeting, Hanafi reaffirmed Afghanistan’s readiness to deepen ties with Kyrgyzstan, stressing the importance of developing electronic administration systems and modern banking channels to facilitate trade and financial transactions between the two countries.
Minister Sydykov, in turn, pledged the continuation of Kyrgyzstan’s humanitarian assistance to Afghanistan and highlighted his country’s interest in working together on e-governance initiatives. He also pointed to potential cooperation in areas such as the printing of securities and the development of electronic payment systems.
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India reaffirms healthcare support to Afghanistan, hands over medicines and vaccines
Indian officials said the support underscores New Delhi’s commitment to helping improve healthcare services and access to life-saving treatment in Afghanistan.
India has reaffirmed its commitment to continued humanitarian assistance and healthcare cooperation with Afghanistan, with a focus on the long-term supply of essential medicines.
According to the Ministry of Health and Family Welfare of the Government of India, Union Health Minister J.P. Nadda held a productive meeting with Afghanistan’s Minister of Public Health, Noor Jalal Jalali. The discussions focused on strengthening cooperation in the health sector and addressing the medical needs of the Afghan people.
During the meeting, a symbolic handover of cancer medicines and vaccines was carried out, reflecting India’s ongoing support for Afghanistan’s healthcare system. The ministry also announced that a larger consignment of medicines, vaccines, and a 128-slice CT scanner is being dispatched to Afghanistan as part of India’s humanitarian assistance efforts.
Indian officials said the support underscores New Delhi’s commitment to helping improve healthcare services and access to life-saving treatment in Afghanistan.
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Afghan forces target hideout of suspects linked to cross-border attacks on Chinese nationals
Afghan forces target hideout of suspects linked to cross-border attacks on Chinese nationals
Security sources said that special forces of the Islamic Emirate of Afghanistan (IEA) have targeted a hideout in Badakhshan province linked to suspects involved in attacks against Chinese nationals in neighboring Tajikistan.
According to the sources, the operation was carried out on Tuesday night in Faizabad city, where several individuals suspected of orchestrating cross-border attacks from Badakhshan’s frontier regions were believed to be present. As a result of the operation, one wanted suspect was arrested alive along with weapons and other military equipment.
The sources added that preliminary investigations and initial confessions by the detainee indicate the planning of the attacks was carried out from outside Afghanistan.
This comes as Tajikistan’s Ministry of Foreign Affairs announced on November 27 that three Chinese citizens were killed in an attack in Khatlon province.
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