'While this fund has the potential to unlock $3.5 billion of the $7 billion in U.S. possession... we believe the full $7 billion that rightfully belongs to the Afghan people should be restored to the Central Bank.' PramilaJayapal
to use $3.5 billion in U.S.-held Afghan funds to"help mitigate the economic challenges" facing the people of Afghanistan by saying the proposal was"better than keeping that money locked away in a U.S. vault" but must only be the first step in returning $7 billion in stolen money to Afghanistan.
The fund will include"$3.5 billion of Afghan central bank reserves to be used for the benefit of the people of Afghanistan while keeping them out of the hands of the Taliban and other malign actors," the Treasury Department said, and will make"targeted disbursements of that $3.5 billion to help provide greater stability to the Afghan economy.
On Wednesday, U.S. Deputy Secretary of State Wendy Sherman said the U.S. is taking an"important, concrete step forward in ensuring that additional resources can be brought to bear to reduce suffering and improve economic stability for the people of Afghanistan while continuing to hold the Taliban accountable."
Since the U.S. has withheld the $7 billion from the DAB, Afghanistan's humanitarian crisis has steadily grown more dire, with six million peopleSeptember 11th Families for Peaceful Tomorrows expressed gratitude that the Afghan economy will receive a boost through the Afghan Fund, and called on the Biden administration to return the full $7 billion it confiscated.
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