Afghanistan’s central-bank governor said he will issue new currency restrictions to stem an exodus of billions of dollars in cash—some of it in stolen U.S. aid and drug money—flowing out of the country as foreign forces withdraw.
Some $4.6 billion in cash, more than the entire government budget, was taken abroad through Kabul airport alone last year, according to Afghan central-bank data, double the $2.3 billion recorded in 2010. But even those figures “grossly” underestimate the real extent of overall money flight, central-bank governor Noorullah Delawari said in an interview.
“We want to restrict the physical transfer of cash beyond our borders,” Mr. Delawari said. “This transport of money does not benefit us. We want to prevent the misuse of currencies for terrorism or money laundering.”
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