A cash changer holds afghani banknotes at a foreign money trade market. — AFP/File

KABUL: Afghanistan’s Taliban authorities stated Saturday they’d begun paying authorities staff who had not acquired a paycheck for the reason that group seized energy and triggered a serious monetary disaster.

Most authorities staff have but to return to work and plenty of had not been paid for months even earlier than the Taliban captured energy, particularly rural employees.

“We’re going to begin paying salaries from right now. We pays three months’ salaries,” Ahmad Wali Haqmal, spokesman for the finance ministry stated at a press convention.

Haqmal stated salaries will likely be paid for the interval beginning August 23, including that some authorities staff will likely be paid even for the month earlier than the Taliban took energy.

The cost will likely be made by way of the nation’s banking system which Haqmal stated had not been “paralysed” for the reason that fall of the earlier authorities.

“It simply wants time to function usually,” he stated.

The federal government staff will nonetheless be unable to entry their full salaries.

Since August, Afghanistan’s banking sector has collapsed, and people with cash within the financial institution have struggled to entry their funds as branches curtailed withdrawals to $200 to $400 per week.

The monetary crunch was aggravated after Washington froze about $10 billion of property held in its reserve for Kabul and deteriorated additional after the World Financial institution and Worldwide Financial Fund halted Afghanistan’s entry to funding.

Overseas donors led by the US supplied greater than 75% of the general public expenditure underneath Afghanistan’s earlier 20-year Washington-backed authorities.

The quickly worsening state of affairs has compelled Afghans to promote their family items to lift cash for meals and different necessities with the native foreign money crashing and costs skyrocketing.

Meraj Mohammad Meraj, the spokesman for the federal government’s income division, stated the authorities had been ready to pay salaries after incomes revenues of 26 billion Afghanis (round $277 million) previously two and half months.

“Solely 20 to 25% of the financial system was operational […] Not all sectors are at present operational,” Meraj stated on the press convention.

He added that the authorities will introduce a brand new Islamic tax to fund support initiatives for poor individuals and orphans.

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *