Afghan Banks on Verge of "Colossal" Collapse - UN WarnsThe nation's financial system is under threat without urgent assistance, as warnings are issued by the United Nations over a cash liquidity crunch and people unable to pay back loans. (Reuters)The abrupt withdrawal of foreign development support - compounded by sanctions - has left the Taliban with a banking disaster on its hands, according to experts.Billions of dollars in Afghan assets have been frozen abroad, with the UN proposing short- and medium-term measures to stave off the "unthinkable."The UN previously warned the move would further fuel a refugee crisis, as it claims banks in Afghanistan may not survive the next six months.
In Album: TheMadHatter's Timeline Photos
Dimension:
1200 x 823
File Size:
137.09 Kb
Be the first person to like this.
Be the first person like this