Pajhwok Services

SMS News Service

Photo Service

Election Coverage

Special Mining Page

Afghan Peace Process Special Page

Addvertise With Pajhwok

Daily Newsletter

Language
Sending Time (GMT / Kabul time)

Suggest a Story

Pajhwok is interested in your story suggestions. Please tell us your thoughts by clicking here.

$4.6b transferred last year: Dilawari

$4.6b transferred last year: Dilawari

By
On
Mar 03, 2012 - 17:52

KABULinfo-icon (PANinfo-icon): Da Afghanistaninfo-icon Bank officials on Saturday said a huge amount of $4.6 billion was sent to foreign countries in one year in violation of a Cabinet decision banning the transfer of more than $20,000.

Central bank governor, Noorullah Dilawari told a news conference in Kabul most of the amount had been transferred abroad by moneychangers.

First deputy head of the bank, Khan Afzal Hadawal, believed the money transferred could be even more, because exact figures were not available.

Under last week’s Cabinet decision, Dilawari said, no one was allowed to send more than $20,000 abroad.  From now on, money the transfers will be made through registered banks.

Calling the restriction important in terms the government’s monetary policy, Dilawari said details of money transfers through banks would be available.

frm/mud

Tags: 

Related Article


Download “Pajhwok” mobile App, on your smartphone to read and access latest news, features, interviews, videos and photos about Afghanistan.

   

Add new comment

Advertisement

Advertisement

Twitter Update