Taliban’s Central Bank Officials Report 6 Percent Decline in Inflation Rates
The Taliban-controlled Central Bank of Afghanistan announced that the inflation rate has decreased by six percent as compared to the previous two years.
The Taliban-controlled Central Bank of Afghanistan announced that the inflation rate has decreased by six percent as compared to the previous two years.
Hidayatullah Badri, Taliban’s governor of the Central Bank, said on Wednesday that the inflation rate this year is 2.4 percent, while this figure reached 15.4 percent in 2021.
Recently, the World Bank reported that the annual inflation rate in Afghanistan was 2.83 percent until May 2023.
Taliban officials also claimed that there are currently no restrictions on newly opened bank accounts and that customers can withdraw their money without any limitation.
However, the Special Inspector General for Afghanistan Reconstruction reported to the US Congress on Tuesday that the evaluations show that the Central Bank of Afghanistan is not independent of the Taliban and does not have the ability to prevent money laundering and terrorist financing.
