Biden administration freezes Afghan government reserves in US institutions – Reports

Washington: The Biden administration has decided to freeze billions of dollars of Afghanistan government reserves held in the US financial institutions to halt the Taliban from accessing these funds, the Washington Post said on Tuesday.
US Treasury Secretary and officials from the Treasury Department Office of Foreign Assets Control on Sunday made the decision to block the assets, the report said. The State Department was also involved in the discussions on what course of action to take while the White House monitored developments in Afghanistan, it added.
“Any Central Bank assets the Afghan government have in the United States will not be made available to the Taliban,” the report said citing a US government official familiar with the matter.
UNI/SPUTNIK