Da Afghanistan Bank lifts restrictions on withdrawal of salaries from banks

INSUBCONTINENT EXCLUSIVE:
Da Afghanistan Bank (DAB) said Thursday it has lifted restrictions on the withdrawal of salaries by government and private sector
employees.Da Afghanistan Bank spokesman Sabir Momand said in a video message on Wednesday that all government and non-government employees
would be able to withdraw their salaries from banks without any restrictions.He added: &Da Afghanistan Bank has lifted the existing
restrictions on the salaries of government and non-government employees in accordance with the strategic plan for the reconstruction of the
banking and financial sector.&Momand further added that all banks will pay out the salaries of public and private employees at their
request, without delay or restrictions.This comes after Mullah Abdul Ghani Baradar, Deputy Prime Minister of Afghanistan, called for a
systematic mechanism to ease banking restrictions at a meeting of the economic commission this week.Following the Islamic Emirate of
Afghanistan&s takeover in August, all banks, including Da Afghanistan Bank, ceased operations, causing many problems for people.About two
weeks later, banks reopened but allowed only minimum amounts of money to be withdrawn.According to an agreement between the Central Bank of
Afghanistan and the Banking Association, private banks have only been able to pay out up to $200 or 20,000 Afghanis once a week to their
customers.The post Da Afghanistan Bank lifts restrictions on withdrawal of salaries from banks first appeared on Ariana News.