scorecardresearch
US to allow $3.5 bn frozen Afghan reserves to aid Afghan people

US to allow $3.5 bn frozen Afghan reserves to aid Afghan people

The multi-step plan calls for the other half of the funds to remain in the United States, subject to ongoing litigation by US victims of terrorism.

US to allow $3.5 bn frozen Afghan reserves to aid Afghan people US to allow $3.5 bn frozen Afghan reserves to aid Afghan people

U.S. President Joe Biden will sign an executive order on Friday that will allow half of the $7 billion in frozen Afghan reserves held in the United States to be used to help the Afghan people without providing the Taliban access to the funds, sources familiar with the plan said.

The multi-step plan calls for the other half of the funds to remain in the United States, subject to ongoing litigation by U.S. victims of terrorism, including relatives of those who died in the Sept. 11, 2001, hijacking attacks, the sources said.
 

Also Read: Delhi HC to hear Amazon-Future cases over deal with Reliance on Feb 24

Also Read: Covid-19 has accelerated digital adoption in daily life: FedEx data