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Month: August 2021

Afghanistan' s most pressing financial problem reportedly is that its run out of US dollars

The Taliban face bleak economic times ahead, former Afghan central banker predicts

By Matt Egan, CNN Business Soaring food prices. Limited cash. And a surge of refugees. The economic future of Afghanistan under Taliban rule looks bleak, according to the country’s former central banker. “Afghanistan unfortunately was already facing multiple crises,” Ajmal Ahmady, who led the Afghan central bank before escaping Kabul on Sunday, told CNN, pointing

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Former Afghan central banker describes ‘complete chaos’ of fleeing the country, with one shoe and no bags

By Matt Egan, CNN Business Ajmal Ahmady is still disoriented by how rapidly Afghanistan’s US-backed government collapsed to the Taliban. “The situation fell apart very rapidly,” Ahmady, the Harvard-trained economist who led Afghanistan’s central bank, told CNN. “Even on Sunday morning, I was still at my desk working.” But as reports came in that Taliban

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The week in 16 headlines

By Lauren Dezenski, CNN This week, President Joe Biden defended his handling of the situation in Afghanistan as conditions deteriorated rapidly amid Taliban control. On Thursday, a bomb threat at the US Capitol reinforced fears of terrorism within America’s own borders. Monday US resumes operations at Kabul airport after US forces kill two armed men

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