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The Independent UK
The Independent UK
National
Via AP news wire

US sets up Afghan relief fund with frozen central bank money

Copyright 2021 The Associated Press. All rights reserved

The U.S. and Swiss governments and Afghan economics experts said Wednesday they will transfer $3.5 billion in frozen funds from Afghanistan's central bank to use for the country's people as hunger grips every province there.

Notably, the Taliban government will not be a part of the new Afghan Fund, which will maintain its account with the Bank for International Settlements in Switzerland.

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