INSUBCONTINENT EXCLUSIVE:
The country&s central bank & Da Afghanistan Bank (DAB) said Thursday they have reached agreements with a number of foreign countries and
money printing facilities to print new bank notes for the country.We have collected and burned the old money, we have reached an agreement
with the money printing offices and countries and we expect to proceed according to the plan and present you with the results, we are
proceeding based on national interests; discussions have been held with countries and banks and they will help Afghanistan,& said Lutful Haq
Noor Pasarlay, DAB&s policy deputy head.Abdulqahar known as Haji Muhammad Edris, the acting head of De Afghanistan Bank, also spoke at the
event and mapped out achievements made by the central bank in the past 12 months.Maintaining the stability of the value of the Afghani
currency, maintaining the sustainability of commercial banks, providing banking services, facilitating cross-border transfers and developing
new systems were some of the issues in the attention of Da Afghanistan Bank during the last year,& said Abdulqahar.According to officials,
in order to improve the banking sector and prevent criminal activities, the law to prevent terrorism financing, the regulation of preventive
measures against money laundering, the management plan for the liquidity problem of the banking sector, the plan to revive the financial and
banking sector, and the crisis management policy, have been drawn up and will soon be adopted.The officials also said that in order to
release Afghanistan&s foreign exchange reserves, several internal and external meetings have been organized with the relevant parties and
discussions have been held on technical matters.The last meeting of technical representatives of Afghanistan and the United States, for
releasing Afghanistan&s frozen assets, was held in Tashkent, Uzbekistan.The post DAB says technical agreements in place to print new bank
notes first appeared on Ariana News.
