Taliban to Start Giving Unpaid Government Back Salaries

The Taliban have announced willingness to pay salaries of the government employees who have not received wages for three months.

“We will pay three months’ salaries,” Taliban Finance Ministry Spokesman, Ahmad Wali Haqmal said.

Salaries will be paid for the period starting August 23, according to Haqmal. “Some officials will also be paid even for the month before the Taliban conquest.”

We can still pay through banks, the system is functioning, he said, ruling out parallelization of the banking system since conquering Afghanistan.

After the collapse of the previous government, the banking system in Afghanistan totally disrupted and the customers were able to withdraw only $200 at $400 per week.

This is as the United Nations pushed for urgent action to prop up Afghanistan’s banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.

In a three-page report on Afghanistan’s banking and financial system seen by Reuters, the U.N. Development Program (UNDP) said the economic cost of a banking system collapse – and consequent negative social impact – “would be colossal.”

© Fourth Estate® — All Rights Reserved.
This material may not be published, broadcast, rewritten or redistributed.