Dozens of economists urge US to free Afghanistan's frozen assets

Some 71 economists, including Nobel prize winners, ask Washington to return $7 billion to Kabul, saying over half of the poor country's population faces acute food insecurity and three million children are at risk of malnutrition.

Several dozen prominent US and international economists have urged the United States to release Afghanistan's $7 billion reserves that Washington froze after the Taliban took over control of the South Asian country a year ago.

"We are deeply concerned by the compounding economic and humanitarian catastrophes unfolding in Afghanistan, and, in particular, by the role of US policy in driving them," seventy-one economists and development experts said on Wednesday in a letter to US President Joe Biden and US Treasury Secretary Janet Yellen.

"Without access to its foreign reserves, the central bank of Afghanistan cannot carry out its normal, essential functions," they wrote.

"Without a functioning central bank, the economy of Afghanistan has, predictably, collapsed."

The signatories included Nobel economics prize winners Joseph Stiglitz and Yanis Varoufakis, who served as Greece's minister of finance when the country was negotiating with creditors after the 2008 economic collapse.

'It belongs to Afghan people'

In the letter, they argued the United States could not justify holding onto the reserves, which it froze in American banks as the prior Washington-backed government in Kabul collapsed allowing the Taliban to take control in August 2021.

The economists said the plunge in economic activity and the sharp cuts to foreign aid by previous supporters of the country after the US military withdrawal have sent the Afghan economy into a tailspin.

"Seventy percent of Afghan households are unable to meet their basic needs," they wrote. 

"Some 22.8 million people –– over half the population –– face acute food insecurity, and three million children are at risk of malnutrition."

This is worsened by the refusal of the US to return the funds, as well as $2 billion blocked by Britain, Germany, and the United Arab Emirates, they said.

"These reserves were critical to the functioning of the Afghan economy, in particular, to manage the money supply, to stabilise the currency and to pay for the imports –– chiefly food and oil –– on which Afghanistan relies," they wrote.

The economists said a recent US offer to give the Taliban access to half the money by setting up a trust with international oversight was not enough.

"By all rights, the full $7 billion belong to the Afghan people," they said.

"Returning anything less than the full amount undermines the recovery of a devastated economy."

Source: AFP

hacklink al hack forum organik hit erotik film izlemarsbahisdeneme bonusu veren siteleronwin girişopenbook market idMostbet+18 film izlecasinolevantdeneme bonusu veren sitelermariobet girişgecelikpijama takımıbetbababetivosultanbet girişbtcbahiscasinomegabetbaba girişdeneme bonusu veren sitelercasino siteleriultrabetvirabet girişdeneme bonusu veren sitelertümbet girişonline casinobelugabahis girişlilibet norgelilibet norgeindia online bettingbest online casino indiaMikiカジノ 評判Mikiカジノオンカジ 入金不要ボーナスbelugabahis girişrulet sitelerikedibypuff.comcasino levantcasinolevantcasinolevantDeneme Bonusu Veren SitelerGrandpashabetcrypto casinobitcoin casinosbest online casino canadasports betting ontariocanadian online casinocrypto casinosbetnanobetting sitesonline bettingonline casinonew online casinoxslotbankobetimajbetzbahisbetpubliconwinPornocratosroyalbet girişlk21xeno executorblox fruits scriptsweet bonanzadeneme bonusu veren sitelercasibom 738 com trcasibom 738 com trcasibom 738 com trcasibom 738 com trcasibom 738 com trBetcioRoku Bet güncel girişAnkara Escortimajbet güncelpubg mobile uc hilesiroblox robux hilesicasibom girişmarsbahis telegramsekabetmarsbahisinagamingcasibomGorabetBetkanyondeneme bonusuistanbul escortdeneme bonusuoleybet girişcasibomcasinolevant girişcasinolevantCasinolevantCasinolevantimajbetimajbet güncel girişjustin tvbetoffice yeni adresbetoffice güncel adresbetoffice yeni girişbetoffice güncel girişbetoffice girişbetofficeSekabet güncel girişcasibom girişdizipalcasibom girişGrandpashabetGrandpashabetcasibom girişMadridbetkingroyalfilm izlemarsbahismarsbahisonwindeneme bonusu veren sitelercasibom girişdeneme bonusu veren sitelercasibom güncelmarsbahistelekrem abi sitelercenabetbetpuanmobilbahispusulabetbetpuanotobetbetscosmosmavibetCinsel Sohbetsquid game 2. sezonprison break 1. sezonasya filmleri izletaraftarium24deneme bonusu veren sitelerayvalık zeytinyağıcasibomKabala Büyüsücasibom girişGaziantep escortSakarya escortMersin escortCasinopophd porngalabetgalabetpusulabetpusulabetbetebetmarsbahisotobetmarsbahismarsbahisdinamobetsekabetcasibomerotik film izlemeritking girişdeodaPhilip Capitalcasibomkolaybet girişpusulabetElexbetbetturkeyxslotzbahisimajbetimajbetimajbetimajbetstarzbetholiganbetimajbetpusulabetpornopusulabet telegrampiabellacasinobetturkeyvaycasinobetebetbetturkeybetkanyonkralbetbahsegelmarsbahisnakitbahisbetkanyonotobetbahsegeldinamobetdumanbetbets10betparkjogo do tigrinhofivem mod menuredz hub scriptblox fruits scriptjujutsu infinite scriptluna executorcasibomroblox fisch scripttrendbetbetturkeytaraftarium canlı maç izleroketbet twitterroketbettaraftariumultrabetgrandpashabetklasbahis meritkingbetkombetkom girişbetkom güncel girişkulisbetHabermatadorbetmeritking girişimajbet güncelsnaptwittersetrabetcasibombetboohiltonbetbetmoonvbetbetcupcoinbarelexbetngsbahiskalebetodeonbettempobetasyabahisBetciosafirbetbetsatbetvaycasinopusulabetimajbetmatbetjojobetholiganbetmarsbahismarsbahisextrabetsavoybettingbahigoprensbetperabetmaltcasinoklasbahismariobettarafbetbiabetdeneme bonusu veren siteler forumMarsbahis girişParibahiscasino siteleri 2025marsbahismobil bozumtaraftarium24taraftarium24justin tvselçuksportsolipsbet twitterolipsbetbettiltpusulabetbettiltbettiltvalorant spoofervbetroblox free robuxkralbetlevel 2 electrician sydneycasibom pornomavibetmavibet giriştimebetpashagaming1xbetcasibomlivebahis452marsbahis comimajbet1474 commeritking1616betparkcasibom 738.comfixbet twitterfixbetfixbet girişlivebahislivebahislivebahislivebahisvaycasino,vaycasino girişcasibom girişcasino sitelericasino sitelericasino siteleri 2025pusulabet452marsbahisgrandpashabet2218imajbet1474meritking1616 comcasibom 738.comcasinomhubbetcioNakitbahisbeykoz escortcasibom girişbetebetgiftcardmall/mygiftpopüler bahis sitelerirulobetpaslanmaz çelikcasibompinbahis twitterroyalbet twitterbycasino twittermaritbet twitterjojobet twitterintobet twitterolabahis twitternesinecasino twittermelbet twitterimajbet twitterpinbahisroyalbetbycasinomaritbetjojobetintobetolabahisnesinecasinomelbetimajbetgalabetEkrem Abi Sitesahabetjojobetonwin girişstarzbet twittermatadorbet twitterbahis sitelerizbahiscasibomcasibom güncelcasibom mobilmarsbahis girişmetin2 pvpmatbetsekabetsahabetonwinimajbet girişmatbet girişsekabet girişonwin girişartemisbettarafbettaraf bettarafbetttarafbettarafbet twittertarafbet girişcasibommarsbahisjojobettarafbetfixbettarafbetmatadorbetkingroyalbetciorestbetjojobetgiftcardmall/mygiftcasibomcasibomimajbetmarsbahismatadorbetholiganbetjojobetsahabet girişmarsbahis girişmatadorbet girişmatadorbet girişholiganbet girişjojobet girişstarzbet giriş, starzbet, starzbet güncel girişcasibom girişcasibomcasibomcasibomcasibomcasibomgiftcardmall/mygiftgiftcardmall/mygiftcasibomcasibomcasibom güncel girişcasibom girişimajbetbeykoz escortcasibom jojobetimajbetmatbetonwinsekabetsahabetmatadorbetkingroyalmeritbetmarsbahisholiganbetgiftcardmall/mygiftjojobetgiftcardmall/mygiftgiftcardmall/mygiftgiftcardmall/mygiftantakya nakliyatmavibetfatih kombi servisivbetbetturkeybetturkey twitterextrabetaras kargo takipbetturkeycasibombeykoz escortcasibom girişcasibommariobetbeylikdüzü escort, esenyurt escort, avcılar escortimajbetxslotxslotxslot giriş