• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

U.S. Treasury allows personal remittances to flow to Afghanistan

September 2, 2021 by David Barret Leave a Comment

September 2, 2021

WASHINGTON (Reuters) – The U.S. Treasury Department has told financial institutions that they may process personal remittances to Afghanistan, a Treasury spokesperson said on Thursday.

The news could provide some relief for the Afghan economy, which is nearing collapse after moves by the United States and other countries to halt foreign aid and freeze some $9 billion in Afghan assets after the Taliban takeover on Aug. 15.

Many Afghans rely heavily on payments from migrant workers overseas, with such remittances https://ift.tt/3tn1iZr to an estimated $789 million in 2020, or just over 4% of the country’s gross domestic product, according to World Bank data.

Western Union https://ift.tt/2WQRxXj, the world’s largest money transfer firm, and Moneygram both suspended such services after the Taliban takeover, shutting off a major source of funds that many families rely on to pay for food.

Western Union https://ift.tt/3By0Udl told Reuters on Thursday it is resuming money-transfer services to Afghanistan, saying the decision was in line with a U.S. push to allow humanitarian activity to continue after the Taliban’s takeover.

(Reporting by Andrea Shalal; Editing by Angus MacSwan)

Source Link U.S. Treasury allows personal remittances to flow to Afghanistan

David Barret
David Barret

Related posts:

  1. Oil rises on declining inventories and weaker dollar
  2. PUBG: New State goes for pre-registrations in India for Android and iOS
  3. Xi says China to set up stock exchange in Beijing
  4. The Fujifilm GFX50S II is the cheapest digital medium format camera ever

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • What Is The “Heat Dome” Causing Baking Temperatures In The Eastern US This June?
  • Over 500 Bird Species At Risk In Next Century As We Face “Unprecedented” Extinction Crisis
  • World First: Mice With 2 Dads Father Their Own Offspring
  • Largest Ever Space-Based Gravitational Wave Observatory Begins Construction
  • Plastic Trash? This Bacterium Can Turn It Into Paracetamol – AKA Tylenol®
  • What Is The Earliest Evidence For Blue Eyes In Humans?
  • Now 124 Years Old, Henry Is The World’s Oldest Known Crocodile – And He’s A Big Boy
  • What Happened When A Kansas Family Lived With 2,055 Brown Recluse Spiders For 5 And A Half Years
  • The Last Thing A NASA Spacecraft Saw Before Plunging Into Saturn
  • Neolithic Ireland Wasn’t Ruled By Incestuous “God-Kings” After All
  • NASA’s Voyager 1 & 2 Were Not The First Missions To Reach The Outer Solar System
  • See Incredible First Images From Space Mission That Will Weigh All The World’s Forests
  • Nudes Of The Stone Age: 6,000-Year-Old Kołobrzeg Venus Is A Prehistoric Masterpiece
  • Cannabis And Human Remains Sent To Space Go Missing After Returning To Earth On SpaceX Mission
  • Mercury’s Steep Cliffs Might Be The Result Of The Sun Squeezing The Planet
  • Dennis Hope: The Man Who Allegedly Sold Presidents Land On The Moon (That He Doesn’t Own)
  • Video: Which Animal Has The Largest Brain?
  • Amazing First Images From World’s Largest Digital Camera Revealed
  • There’s Only One Person In The World With This Blood Type
  • Garden Snails Now Venomous According To Radical Redefinition, And Things Get Surprisingly Sexy
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version