International economists ask Biden to release Afghan central bank funds

INSUBCONTINENT EXCLUSIVE:
More than 70 economists and experts, including Nobel Laureate Joseph Stiglitz, called for Washington and other nations to release
Afghanistan&s central bank assets in a letter sent to United States President Joe Biden on Wednesday.The letter said foreign capitals
needed to return the roughly $9 billion in Afghan central bank assets to Da Afghanistan Bank (DAB) to allow the economy to function, despite
criticism of behaviour by the ruling IEA towards women and minorities, Reuters reported.The people of Afghanistan have been made to suffer
doubly for a government they did not choose,& the letter said
&In order to mitigate the humanitarian crisis and set the Afghan economy on a path toward recovery, we urge you to allow DAB to reclaim its
international reserves.The letter, also addressed to United States Treasury Secretary Janet Yellen, was signed by 71 economists and
academic experts, many based in the United States as well as Germany, India and the United Kingdom.Among them was former Greek finance
minister Yanis Varoufakis and Stiglitz, a Columbia University professor who received the Nobel Prize in economics in 2001 and is on the
advisory board to the Washington-based think tank the Center for Economic and Policy Research, which organised the letter.The post
International economists ask Biden to release Afghan central bank funds first appeared on Ariana News.