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Briefs: IMF curbs Afghanistan's funding access; world's leading wealth fund makes US$110 bil as stocks soar

The Edge Singapore
The Edge Singapore8/19/2021 09:24 PM GMT+08  • 7 min read
Briefs: IMF curbs Afghanistan's funding access; world's leading wealth fund makes US$110 bil as stocks soar
The new government in Afghanistan is cut off from using fund reserve assets days before the nation was set to receive almost US$50
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"The idea that somehow, there’s a way to have gotten out without chaos ensuing, I don’t know how that happens." — US President Joe Biden, referring to the unavoidable chaos with US withdrawal from Afghanistan.

IMF curbs Afghanistan’s funding access

The International Monetary Fund (IMF) said that the new government in Afghanistan is cut off from using fund reserve assets days before the nation was set to receive almost US$500 million ($682.3 million), depriving the Taliban of key resources.

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