Biruni Institute - انستیتوت البیرونی
@BiruniInstitute
Prominent economic policy research #Think_Tank based in Kabul, Afghanistan.
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http://biruni.af 29-05-2019 12:31:36
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A synthesis of my talk in World Bank #FragilityForum2022 's session on Afghanistan. I outlined 3 achievements and 3 failures in economic management institutions in AFG in the past 2 decades: (1/8)
youtube.com/watch?v=Q3cpn5…
Da Afghanistan Bank- Afghanistan To address AFN & USD cash shortage (1) remove restrictions on domestic transfers as it will ease the pressure on AFN; 2) remove restricT on internt'l transfers as it will reduce domestic dmd for USD cash. Let banks to work out with their correspondent banks abroad
Banking restrictions imposed by Da Afghanistan Bank- Afghanistan have disrupted supply chains & halted flow of money & goods. Retailers & wholesalers are running down inventories, & food shortage will arise soon. Banking restrictions to be immediately resolved to prevent deepening crisis
If Taliban appointees in Da Afghanistan Bank- Afghanistan do not act immediately to address current restrictions on internat'l & domestic transfers, soon the econ will plunge into irreversible depression. Traders cant make payment 2 their suppliers abroad to import food & other necessities.
Ajmal Ahmady former Da Afghanistan Bank- Afghanistan governor's mismanagement of USD & AFN cash reserves & absurdly restricting commercial banks to access to their deposits with DAB prior to Kabul takeover led to the current banking crisis. Taliban are not to be blamed.
Congratulations to Nazir Kabiri for his appointment as Deputy Minister for Policy, MoF. Mr. Nazir Kabiri is the Founding Member of the Biruni Institute - انستیتوت البیرونی and served as Executive Director until his departure to MoF.
Conclusion of an event on a crucial but downplayed topic. Ecom is the future & can play a crucial role in socioeconm dev of AFG.
Thanks to Biruni Institute - انستیتوت البیرونی Nazir Kabiri Ministry of Industry & Commerce AFG Hojat Fazly Noor Alam Hakimyar Manizha Wafeq sulaiman Sheela Samimy @MassihStanikzai Afghan Post افغان پُست