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Axios
Axios
World

Biden to split $7 billion in frozen Afghan assets between possible aid and 9/11 families

President Biden signed an executive order on Friday to help enable $7 billion in frozen Afghan assets to be divided between humanitarian relief for the people of Afghanistan and the families of 9/11 victims.

Why it matters: Biden has come under significant pressure to release the U.S.-held assets, which belong to Afghanistan's central bank and were frozen after the Taliban's takeover in August. Afghanistan is facing an extreme humanitarian crisis, with more than 23 million people suffering from acute hunger.


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