News Update

Global Protest of Money Exchangers Against the Looting of Afghanistan’s Foreign Exchange Reserves; Biden Is a Thief.

In a nationwide protest, the Money Changers Association of Afghanistan opposed the recent decision by US President Joe Biden to seize the foreign exchange reserves of the Central Bank of Afghanistan.
According to Roidadha News; Hundreds of money changers and owners of money exchange service companies gathered in front of the Prince’s Palace in Kabul this morning (February, 15, 2022) and condemned Biden’s recent decision.
Protesters chanted “Biden is a thief” and stole money from the Afghan people.
They noted that Biden should reconsider its decision to spend 7 billion dollars in foreign exchange reserves of the Central Bank of Afghanistan and return the money of the Afghan people to themselves, not spend it.
The money changers noted that part of Afghanistan’s foreign exchange reserves is private sector money, including money changers, and should be returned.
They also called on the US Federal Reserve not to betray the trust and not to allow the Central Bank of Afghanistan’s foreign exchange reserves to be used for political purposes.
Shopkeepers in exchange offices in different parts of Kabul and Kandahar, Herat, Mazar-e-Sharif, Jalalabad, Logar, Ghazni, Khost and other cities of the country have participated separately in Biden anti-decision protests.
On Friday, US President Joe Biden signed a decree on seven billion dollars in foreign exchange reserves of the Central Bank of Afghanistan.
Under the decree, 3.5 billion dollars will be given to the families of 9/11 victims, and another 3.5 billion dollars will be spent on humanitarian aid in Afghanistan.
US President Joe Biden signed an executive order on Friday paving the way for the allocation of 7 billion dollars of Afghanistan’s frozen assets to the United States for humanitarian assistance and the creation of a trust fund to compensate 9/11 victims.
Mohammad Naeem, a spokesman for the Taliban’s political bureau in Doha, called the signing of the US president’s executive order to spend 7 billion dollars in frozen Afghan assets “theft and waste of the Afghan peoples’ money.”
Mr. Naeem wrote that “this shows the highest level of human and moral decline” in the United States.
The State Department says the Afghan people face enormous challenges: the economic crisis caused by decades of dependence on international aid, severe drought, Quaid-19, and widespread corruption.
But; Biden’s move has provoked a wave of national and international criticism.
Russia, China and Iran have also called Biden a move to impose more economic pressure on Afghanistan’s poor and oppressed people.
UNHCR has also protested the allocation of Afghan money to 9/11 victims, saying Biden was seeking to seize the assets of the Afghan people.
The agency said he (Biden) was seeking to seize the assets of the Afghan people.
Human Rights Watch warns that “implementation of the Biden government’s decision on Afghanistan’s reserves” could create a “problematic record”.
Mr. Karzai also said on Sunday, February, 13, 2022 that Osama bin Laden had been killed in Pakistan, citing US seizures of Afghan money. But today our people are paying the price. According to him, the Afghan people are as much victims of terrorism as the American people.

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