U.S. plans to free half of $7 billion in frozen Afghan funds for aid


  • World
  • Friday, 11 Feb 2022

FILE PHOTO: An Afghan salesman waits for customers in the center of Kabul, Afghanistan December 5, 2021. REUTERS/Ali Khara/File Photo

WASHINGTON (Reuters) - The United States is seeking to free up half of the $7 billion in frozen Afghan central bank assets on U.S. soil to help the Afghan people while holding the rest to possibly satisfy terrorism-related lawsuits against the Taliban, the White House said on Friday.

President Joe Biden signed an executive order to deal with the threat of an economic collapse in Afghanistan, setting wheels in motion for a complex resolution of competing interests in the Afghan assets.

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